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Author Question: Price elasticity of demand is useful because it measures __________ responsiveness to changes in ... (Read 67 times)

cagreen833

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on: Jul 1, 2018
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


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shayla

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


cagreen833

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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