What does the price elasticity of supply measure
A) how much the quantity supplied responds to changes in input prices
B) how much the quantity supplied responds to changes in the price of the good
C) how much the price of the good responds to changes in supply
D) how much sellers respond to changes in technology
Correct Answer:
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Q130: How is cross-price elasticity of demand calculated
A)the
Q131: What does cross-price elasticity of demand measure
A)how
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