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Business, 18.01.2020 00:31 shaheedbrown06

Elasticity measures the behavioral response of economic agents in a given situation.

which of the following questions is likely to be answered using elasticity?

a)if a business raises it prices, will that have a large or small on demand?

b) if you get a pay raise, are you more productive at work?

c)if hot dogs go on sale, will it be sunny day?

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Elasticity measures the behavioral response of economic agents in a given situation.

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