Economists use elasticity to measure the responsiveness of quantity to a change in price rather than the slope of the demand curve because elasticity is g

Elasticity is independent of the units of measurement.

Explanation:

Elasticity in economics, is a term that describes the measurement of the percentage change of one economic variable in response to a change in another economic variable.

Unlike the slope of the demand curve which measures the steepness or flatness of a line in terms of the measurement units for price and quantity. Elasticity on the other hand, has the advantage of being a unitless ratio, independent of the type of quantities being varied, which in turn simplifies data analysis.

Hence, Economists use elasticity to measure the responsiveness of quantity to a change in price rather than the slope of the demand curve because elasticity is independent of the units of measurement

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o