Sellers in e- commerce can more easily measure price_________ by measuring the amount that demand rises or falls with changes in price.
A) distribution
B) elasticity
C) sensitivity
D) accountability

Question

Quizplus · Accepted Answer

Price elasticity refers to the responsiveness of the quantity demanded of a good to a change in its price, making it the correct term for measuring how demand changes with price changes.

Sellers in E- Commerce Can More Easily Measure Price_________ by Measuring