Answer:
How is the price elasticity of demand measured?
c. by dividing the percentage change in the quantity demanded of a product by the percentage change in the product's price
Explanation:
Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price when nothing but the price changes. More precisely, it gives the percentage change in quantity demanded in response to a one percent change in price.
A
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Answer:
The correct answer is a.
Explanation:
Innovators are characterized by continuously trying out new experiences and implementing ideas that do not exist. They tend to visit new places, try new things, seek new information and experiment to learn new things. In these ways, they can broaden the diversity of their knowledge and increase their ability to innovate.
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