The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. responsiveness of quantity demanded to a change in price. C. responsiveness of price to a change in quantity demanded. D. responsiveness of quantity demanded to a change in income.
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Home » Business » The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. responsiveness of quantity demanded to a change in price. C. responsiveness of price to a change in quantity demanded. D.