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Elasticity is the percentage change in quantity divided by the percentage change in _______. a. incomes. c. preferences. b. price. d. demand
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Updated 12/15/2014 7:01:42 AM
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Elasticity is the percentage change in quantity divided by the percentage change in price .




Added 12/15/2014 7:01:42 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [12/16/2014 6:13:24 PM]
Advertising, fashion trends, and new product introductions serve to a. create consumer needs. c. create consumer demand. b. increase income effectiveness. d. minimize the income effect.
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Updated 10/20/2015 7:52:00 PM
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Advertising, fashion trends, and new product introductions serve to: create consumer demand.
Added 10/20/2015 7:52:00 PM
The measure of responsiveness relating a change in quantity demanded to a change in the price of an item is known as ________. a. demand elasticity b. supply elasticity c. unit elasticity d. proportional elasticity
Weegy: The measure of responsiveness relating a change in quantity demanded to a change in the price of an item is known as demand elasticity. User: A product that has few substitutes tends to be: a. elastic c. unit elastic b. inelastic d. a complimentary good (More)
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Updated 87 days ago|1/30/2017 3:06:04 PM
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A product that has few substitutes tends to be elastic.
Added 87 days ago|1/30/2017 3:06:04 PM
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