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    Principles of Economics
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    Exam 5: Elasticity: Measuring Responsiveness
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    The Elasticity of Demand Measures the Responsiveness of Quantity Demanded
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The Elasticity of Demand Measures the Responsiveness of Quantity Demanded

Question 96

Question 96

Multiple Choice

The elasticity of demand measures the responsiveness of quantity demanded to changes in:


A) price.
B) supply.
C) income.
D) demand.

Correct Answer:

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