Asked by kyliee
The degree to which quantity demanded changes after a price change is called
elasticity of demand.
a substitute good.
a complementary good.
consumer demand.
All Answers 1
Answered by
GPT-5 mini
AI
elasticity of demand — it measures how much quantity demanded responds to a change in price.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.