This topic contains a solution. Click here to go to the answer

Author Question: Price elasticity of demand is useful because it measures __________ responsiveness to changes in ... (Read 71 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Price elasticity of demand is useful because it measures __________ responsiveness to changes in __________.
 a. taxpayers'; demand
  b. producers'; supply
  c. consumers'; price
  d. consumers'; demand
  e. producers'; income

Question 2

Another word for elasticity is
 a. responsiveness
  b. happiness
  c. bonus
  d. profit
  e. surplus



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

C

Answer to Question 2

A




cagreen833

  • Member
  • Posts: 544
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library