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Business, 11.02.2022 03:00 gamingisfun

Use the drop-down menu to complete each statement. Elasticity is the measure of how producers and consumers react to changes in price.
A supply is V inelasticy when the quantity of a good supplied does not change as the price changes.
A supply is V elasticy when the quantity of a good supplied increases or decreases as the price changes,
The first answer is Price then Inelastic and lastly Elastic

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Use the drop-down menu to complete each statement. Elasticity is the measure of how producers and...
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