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

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The measure of responsiveness relating a change in quantity demanded to a change in the price of an item is known as demand elasticity.

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Asked 10/23/2013 8:34:03 AM

Updated 8/27/2015 9:22:05 AM

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jhyce

The measure of responsiveness relating a change in quantity demanded to a change in the price of an item is known as demand elasticity.

Added 8/27/2015 9:22:05 AM

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Confirmed by jeifunk [8/27/2015 9:29:33 AM]

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