Price elasticity is a measure of the sensitivity of ________ to changes in price.
A) variable cost
B) demand
C) income
D) yield
E) total cost

Question

Quizplus · Accepted Answer

A)Price elasticity is a measure of the sensitivity of demand to changes in price.
B)Price elasticity is a measure of the sensitivity of demand to changes in price.
C)Price elasticity is a measure of the sensitivity of demand to changes in price.
D)Price elasticity is a measure of the sensitivity of demand to changes in price.
E)Price elasticity is a measure of the sensitivity of demand to changes in price.

Price Elasticity Is a Measure of the Sensitivity of ________