17 For what would price elasticity of demand be used?
A calculating current disposable income
B calculating the rate of price inflation
C estimating changes in a company's cost
D identifying changes in consumer spending patterns
18 Which factor would cause a shift in the supply curve for a good?
A a fall in the price of the good
B a fall in the price of its raw materials
C an increase in the quantity consumed
D an increase in consumers' incomes
Answers
Answered by
0
Answer:
17. A
18. B
Explanation:
Similar questions