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Author Question: Elasticity is a measure of: a. the slope of a linear demand curve. b. the slope of a supply curve. ... (Read 77 times)

awywial

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Elasticity is a measure of:
 a. the slope of a linear demand curve.
  b. the slope of a supply curve.
  c. relative responsiveness.
  d. economic welfare.
  e. consumer tastes.

Question 2

A measure of sensitivity or responsiveness to changes in price or income is called:
 a. elasticity.
  b. technology.
  c. supply and demand.
  d. social pressure.
  e. kickback.



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leeeep

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Answer to Question 1

c

Answer to Question 2

a




awywial

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Reply 2 on: Jun 30, 2018
Gracias!


amandanbreshears

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Reply 3 on: Yesterday
:D TYSM

 

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