question archive Select the best matches from the lists below

Select the best matches from the lists below

Subject:EconomicsPrice:3.87 Bought7

Select the best matches from the lists below.

E > 1                                                                                                           1. price elasticity of demand (% change in Qd)/(% change in P)                                                              2. price elasticity of supply

E = 1                                                                                                            3. relatively price elastic

(% change in Qs)/(% change in P)                                                              4. relatively price inelastic

(change in P)/(change in Qd)                                                                         5. unitary price elastic

E < 1                                                                                                      6. slope of a linear demand curve

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