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Business, 22.07.2019 14:30 sav035

Which of the following best describes demand elasticity? a. measures if a change in price will cause a larger, smaller, or proportional change in the quantity demanded. c. a change in price will cause a small change in the quantity demanded b. measures how consumers will react to a change in quantity supplied. d. a change in price will not cause a change in the quantity demanded.

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Which of the following best describes demand elasticity? a. measures if a change in price will caus...

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