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Author Question: Economists use elasticity to measure the responsiveness of quantity to a change in price rather than ... (Read 98 times)

WWatsford

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on: May 24, 2019
Economists use elasticity to measure the responsiveness of quantity to a change in price rather than the slope of the demand curve because elasticity is
◦ independent of the units of measurement.
◦ dependent on the units of measurement.
◦ easier to calculate.
◦ harder to calculate.
◦ always negative whereas the slope is always positive.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by WWatsford on May 24, 2019

Pswine

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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WWatsford

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Reply #2 on: May 24, 2019
Excellent


Pswine

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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