Help quickly please
1. Price elasticity of supply shows
A. how responsive consumers are to pr...
History, 18.03.2021 02:20 lizbethmillanvazquez
Help quickly please
1. Price elasticity of supply shows
A. how responsive consumers are to price changes.
B. how responsive producers are to price changes.
C. none of the above
2. Which of the following influences the price elasticity of demand?
A. amount of time available to adjust to price changes
B. percentage of a consumer's budget
3. Price elasticity of demand shows
A. how responsive consumers are to price changes.
B. whether the demand curve is positive or negative
C. none of the above
Answers: 2
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