Vidyalelo
Commerce · Q1537

Economics

Graduate and Post Graduate · Commerce · question 1537

Q1537

The responsiveness of changes in quantity demanded to change in price is known as

A.
price elasticity of demand
Answer
B.
income elasticity of demand
C.
cross elasticity of demand
D.
None of the above

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board