Multiple Choice
Bob got laid off six months ago.He used to go to the movies once a month,but he's only been twice because he lost his job.This type of behavior can be measured using:
A) the price elasticity of demand.
B) the price elasticity of supply.
C) the income elasticity of demand.
D) the cross-price elasticity.
Correct Answer:
Verified
Correct Answer:
Verified
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