What is own-price elasticity of demand? a. price elasticity is a measure of how sensitive the quantity demanded of a product is to a change in price. b.price elasticity is the ratio of the percentage change in the quantity demanded to the percentage change in price. c.price elasticity is equal to the slope of the demand curve. d.both a and b are correct. e.all of the above are correct.
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What is own-price elasticity of demand? a. price elasticity is a measure of how sensitive the quanti...
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