The price elasticity of demand is defined as the responsiveness of :
(a) price to change in quantity demanded
(b) quantity demanded to a change in price
(c) price to a change in income
(d) quantity demanded to a change in income
Answers
Answered by
6
Hello ❤️
The elasticity of demand is defined as the responsiveness of price to change in quantity demand..
Option A is correct..
Answered by
0
Answer:
B
Explanation:
option B is the correct answer
quantity demanded to a change in price
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