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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
  5. Question
    Price Elasticity of Demand Is Useful Because It Measures __________
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Price Elasticity of Demand Is Useful Because It Measures __________

Question 67

Question 67

Multiple Choice

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

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