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
21,116,453 questions answered
Popular Conversations
What is the numerator of the remainder in the division of: (x^3 ...
Weegy: 3x - 4 = 2x - 10 3x - 2x = -10 + 4 x = -6 User: Kyler is looking at the polynomial function f (x) = x^3 - ...
5/28/2015 8:17:45 AM| 3 Answers
immigration
Weegy: Net immigration is the amount by which the number of immigrants (= people arriving to live in a country) is ...
5/28/2015 7:49:14 AM| 2 Answers
The measure of disorder in a system is its ...
Weegy: The measure of disorder in a system is its enthalpy. User: Pressure has an effect on boiling point because ...
5/28/2015 8:52:32 AM| 2 Answers
When looking up at the clouds, you can usually make out different ...
Weegy: Stratus clouds indicate possible precipitation. User: A front forms when _____. warm air begins to rise and ...
5/28/2015 10:25:17 AM| 2 Answers
Impressionist music used a technique that was the opposite of harmony ...
Weegy: Impressionist music used a technique that was the opposite of harmony and that used disagreeable sounds. This ...
5/28/2015 10:42:20 AM| 2 Answers
Slang and colloquialism are synonymous. True False
Weegy: Slang and colloquialism are synonymous. FALSE. User: The manner in which a writer uses vocabulary and ...
5/28/2015 11:28:10 AM| 2 Answers
Find the slope of the line whose equation is 8y = 4 - 3x. User: Find ...
Weegy: The slope of the line that passes through the points (-2, 4) and (-5, -6) is 10/3. m = y2-y1/x2-x1; m = (-6 ...
5/28/2015 12:30:52 PM| 2 Answers
Factor completely. -5x2y + 10xy - 15xy2
Weegy: -5x2y + 10xy - 15xy2 = 5xy (-x + 2 - 3y) User: 81a2 + 36a + 4 User: -2k - k3 - 3k2
5/28/2015 1:55:48 PM| 2 Answers
Weegy Stuff
S
Points 759 [Total 767]| Ratings 1| Comments 749| Invitations 0|Offline
S
L
Points 706 [Total 1236]| Ratings 2| Comments 686| Invitations 0|Offline
S
1
L
Points 614 [Total 1006]| Ratings 3| Comments 584| Invitations 0|Offline
S
L
P
Points 450 [Total 2927]| Ratings 1| Comments 440| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 248 [Total 8994]| Ratings 0| Comments 248| Invitations 0|Offline
S
Points 187 [Total 207]| Ratings 0| Comments 187| Invitations 0|Offline
S
1
L
L
Points 84 [Total 8267]| Ratings 0| Comments 84| Invitations 0|Offline
S
L
1
R
Points 80 [Total 1367]| Ratings 0| Comments 80| Invitations 0|Offline
S
L
Points 56 [Total 3810]| Ratings 2| Comments 36| Invitations 0|Offline
S
Points 13 [Total 13]| Ratings 0| Comments 13| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.