question archive Demand price elasticity measures: a) how much supply will change as price changes

Demand price elasticity measures: a) how much supply will change as price changes

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Demand price elasticity measures:

a) how much supply will change as price changes.

b) how consumers change their purchases in response to a change in the price of a product.

c) how consumers change their purchases in response to a change in income.

d) the change in price brought about by a change in consumer demand.

e) how consumers change their purchases in response to a change in the price of a substitute goodc

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