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    Economics For Today Study Set 3
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    Exam 5: Price Elasticity of Demand and Supply
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    Elasticity Measures How "Sensitive" Consumers Are by Measuring Their Change
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Elasticity Measures How "Sensitive" Consumers Are by Measuring Their Change

Question 28

Question 28

Multiple Choice

Elasticity measures how "sensitive" consumers are by measuring their change in ____ as the price of the product changes.


A) attitude
B) income
C) quantity demanded
D) supply
E) taxes

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