The price elasticity of demand measures a. buyers’ responsiveness to a change in the price of a good. b. the extent to which dem
and increases as additional buyers enter the market. c. how much more of a good consumers will demand when incomes rise d. the movement along a supply curve when there is a change in demand.
The price elasticity of demand measures buyers’ responsiveness to a change in the price of a good.
<u>Explanation:</u>
Price elasticity of demand holds the responsiveness of need subsequent a variation in a product's cost. In different terms, it’s a process to comprehend out the responsiveness of buyers to inconstancies in cost. Price elasticity estimates the responsiveness of the measure necessitated or outfitted of a good to a shift in its demand.
The price elasticity of demand is the rate fluctuation in the amount demanded of a good or assistance distributed by the percentage shift in the price. Considering the quantity demanded habitually declines with value, the price elasticity coefficient is essentially forever negative.
When the seasons change from winter to spring, the wolves inner layer of fur, which traps air and insulates the wolf from harsh cold temperatures, is shed to keep the wolf cool when the heat starts to come back.
An example of these would be "I have always been interested in cars so I became a auto mechanic." or "I have always been interested in cars so I decided to work at a car dealership."
Explanation:
A big interest that you have that leds you to pick a job related to that interest.
