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what is the word for the definition describes demand that is very sensitive to a change in price?
Elastic is the word for the definition describes demand that is very sensitive to a change in price.
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Asked 5/3/2012 4:30:21 AM
Updated 3/15/2016 4:12:00 PM
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Edited by jeifunk [3/15/2016 4:12:00 PM]
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Elastic is the word for the definition describes demand that is very sensitive to a change in price.
Added 3/15/2016 3:58:22 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/15/2016 4:12:11 PM]
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the controller of a monopoly sets the price of goods by charging?
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Updated 1/7/2018 2:42:11 AM
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The controller of a monopoly sets the price of goods by charging: the price at which the profit is maximized.

Added 1/7/2018 2:42:11 AM
This answer has been confirmed as correct and helpful.
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