The price elasticity of demand measures

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. The price elasticity of demand measures A) the slope of a budget curve. B) how often the price of a good changes. C) the responsiveness of the quantity demanded to changes in price. D) how sensitive the quantity demanded is to changes in demand.
When the quantity of coal supplied is measured in kilograms instead of pounds, the demand forcoal becomes
The price elasticity of demand equals
If a rightward shift of the supply curve leads to a 6 percent decrease in the price and a 5 percentincrease in the quantity demanded, the price elasticity of demand is
A 10 percent increase in the quantity of spinach demanded results from a 20 percentdeclinein itsprice. The price elasticity of demand for spinach is A) 0.5. B) 20.0 . C) 2.0 . D) 10.0.
A 20 percent increase in the quantity of pizza demanded results from a 10 percent decline in itsprice. The price elasticity of demand for pizza is
1 Suppose a rise in the price of peaches from $5.50 to $6.50 per bushel decreases the quantitydemanded from 12,500 to 11,500 bushels. The price elasticity of demand is
B) 1000.0 . C) 2.0. D) 1.0. A fall in the price of lemons from $10.50 to $9.50 per bushel increases the quantity demanded from19,200 to 20,800 bushels. The price elasticity of demand is
A fall in the price of cabbage from $10.50 to $9.50 per bushel increases the quantity demanded from18,800 to 21,200 bushels. The price elasticity of demand is A) 1.20. B) 0.80 . C) 8.00. D) 1.25.
Suppose that the quantity of root beer demanded declines from 103,000 gallons per week to 97,000gallons per week as a consequence of a 10 percent increase in the price of root beer. The priceelasticity of demand is
The price elasticity of demand is 5.0 if a 10 percent increase in the price results in a ________ decrease in the quantity demanded.
A) 2 million barrels a day per dollar. B) 0.5. C) $1 per 2 million barrels a day. D) 2.0. The table above gives the demand schedule for snow peas. The price elasticity of demand between$6.00 and $7.00 per bushel is
The table above gives the demand schedule for snow peas. If the price of snow peas falls from$4.00 to $3.00 a bushel, total revenue will A) increase because demand is elastic in this range.

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