Question and answer
Price elasticity of demand measures the responsiveness of the change in: A. quantity demanded to a change in price. B. price to a change in quantity demanded. C. slope of the demand
curve to a change in price. D. slope of the demand curve to a change in quantity demanded
Price elasticity of demand measures the responsiveness of the change in: A. quantity demanded to a change in price. Click the link for more details:
Get an answer
Original conversation
User: Which of the following will lead to a decrease in total revenue? A. price goes up and demand is perfectly inelastic B. price goes up and demand is price inelastic C. price declines and demand is price elastic D. price increases and demand is price elastic

User: If total revenue goes up when price falls, the price elasticity of demand is said to be: A. price inelastic. B. unit price elastic. C. price elastic. D. positive.

User: Price elasticity of demand measures the responsiveness of the change in: A. quantity demanded to a change in price. B. price to a change in quantity demanded. C. slope of the demand curve to a change in price. D. slope of the demand curve to a change in quantity demanded





Weegy: Price elasticity of demand measures the responsiveness of the change in: A. quantity demanded to a change in price. Click the link for more details:
Expert answered|cecil|Points 10|

User: The price elasticity of demand is: A. always positive. B. always greater than 1. C. usually equal to 1. D. always negative

Weegy: The price elasticity of demand is: C. usually equal to. Click the link for more details:
Expert answered|cecil|Points 10|

User: If the total revenue received by a firm does not change when it raises its price, this indicates that the demand for the firm's product is: A. unstable. B. price inelastic. C. price elastic. D. unit price elastic

Weegy: If the total revenue received by a firm does not change when it raises its price, this indicates that the demand for the firm's product is: B. price inelastic. [ Click the link for more details: ]
Expert answered|cecil|Points 10|

Question
Asked 7/18/2013 9:31:15 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The ratio of the percentage change in a dependent variable to the percentage change in an independent variable, all other things unchanged, is: A. total revenue. B. production possibilities. C. elasticity. D. slope.
Question
Not Answered
Updated 11/30/2013 7:25:17 PM
1 Answer/Comment
The ratio of the percentage change in a dependent variable to the percentage change in an independent variable, all other things unchanged, is Elasticity.
Added 11/30/2013 7:25:17 PM
This answer has been added to the Weegy Knowledgebase
19,741,041 questions answered
Popular Conversations
How far does a boat travel in 3 hours at 65 miles per hour?
Weegy: A boat travel in 3 hours at 65 miles per hour is 195 miles far. 3 hours * 65 miles/hour = 195 miles User: ...
3/2/2015 9:48:36 AM| 6 Answers
Evaluate the following expression. (81)0 0 1 8 User: ...
Weegy: Answer : If m=2 and n= -1 To evaluate m0 - n2 is 2(0) - -1 (2) = 0 - -2 = =+2 or simply 2 User: Evaluate the ...
3/2/2015 11:47:48 AM| 6 Answers
Describe the location of the point that has the following ...
Weegy: First Quadrant. User: Find the value of 7 + 32 (-5 + 1) ÷ 2. User: What is the fractional equivalent of ...
3/2/2015 10:04:10 AM| 5 Answers
Simplify 7 · 6 · 2h · d.
Weegy: Please state your question again. The one that you have put cannot be understood by Weegy! User: Simplify 7 · ...
3/2/2015 1:02:06 PM| 5 Answers
Factor 49t 6 - 4k 8
Weegy: 49t^6 - 4k^8 = (7t^3 + 2k^4)(7t^3 - 2k^4) User: Factor -5x 2 y + 10xy - 15xy 2 Weegy: Factor completely: ...
3/2/2015 2:56:09 PM| 4 Answers
The first term of a geometric sequence is 7, and the ratio ...
Weegy: The ratio is 2/1. User: What is the 6th term of the following geometric sequence? 2,-14,98,-686
3/2/2015 9:59:00 AM| 3 Answers
Simplify -(4) to the -3 power User: Simplify -6 to the 0 power ...
Weegy: 4/5^-2 = 4/(1/5^2) = 4/(1/25) = 4 * 25/1 = 100/1 = 100
3/2/2015 8:20:12 PM| 3 Answers
All squares are rectangles. true or false
Weegy: A square is ALWAYS a rectangle. User: What is the most precise name for quadrilateral ABCD with vertices ...
3/2/2015 6:14:08 AM| 2 Answers
Which of the following ordered pairs is a solution of 2x - y = -9?
Weegy: The answers is 2x+9/x-2. User: Which of the following ordered pairs is a solution of 2x - y = -9? (4, -1) (3, ...
3/2/2015 8:52:55 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 167 [Total 8053]| Ratings 0| Comments 167| Invitations 0|Offline
S
1
L
L
Points 41 [Total 7542]| Ratings 0| Comments 41| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 31 [Total 7338]| Ratings 0| Comments 31| Invitations 0|Offline
S
Points 16 [Total 107]| Ratings 0| Comments 16| Invitations 0|Offline
S
Points 11 [Total 379]| Ratings 0| Comments 11| Invitations 0|Offline
S
Points 10 [Total 10]| Ratings 1| Comments 0| Invitations 0|Offline
S
Points 10 [Total 240]| Ratings 1| Comments 0| Invitations 0|Offline
S
1
Points 4 [Total 915]| Ratings 0| Comments 4| Invitations 0|Offline
S
1
L
Points 2 [Total 3160]| Ratings 0| Comments 2| Invitations 0|Online
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.