question archive The price elasticity of demand measures which of the following? A

The price elasticity of demand measures which of the following? A

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The price elasticity of demand measures which of the following?

A. Responsiveness of price to a change in quantity supplied

B. Responsiveness of quantity demanded to a change in price

C. Responsiveness of price to a change in quantity demanded

D. Adaptability of buyers to changes in demand

E. Responsiveness of quantity demanded to a change in quantity supplied

Option 1

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