What is elasticity of demand? A. the degree to which changes in a good's price affect the quantity demanded by consumers B. the degree to which changes in the prices of related goods affects the quantity supplied C. the degree to which consumer expectations affect the quantity of goods supplied and demanded D. the degree to which the size of the market affects the quantity of good supplied and demanded

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Elasticity of demand is the degree that changes in a good's price affect the quantity demanded by consumers.

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Asked 2/6/2018 8:04:52 AM

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Elasticity of demand is the degree that changes in a good's price affect the quantity demanded by consumers.

Added 2/6/2018 8:39:39 AM

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