Producers Want to Calculate the Price Elasticity of Demand Because

Multiple Choice

Producers want to calculate the price elasticity of demand because they want to:

A) know the goods and services for which consumers are most sensitive to price changes.
B) be able to predict the future preferences of their customers.
C) know that consumers will have the same response to a price change regardless of the good or service.
D) understand what goods their customers dislike the most.