Another word for elasticity is
A)responsiveness
B)happiness
C)bonus
D)profit
E)surplus

Name: Another word for elasticity is A)responsiveness B)happiness C)bonus D)profit E)surplus
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Question

Quizplus · Accepted Answer

Elasticity refers to the responsiveness of demand or supply to changes in price, income or other factors. Therefore, another word for elasticity would be "responsiveness". The other options (happiness, bonus, profit, surplus) are not related to elasticity.

Another Word for Elasticity Is