What does the price elasticity of demand measure? A. the responsiveness of quantity demanded to a change in income B. the responsiveness of price to a change in quantity demanded. C. the responsiveness of quantity demanded to a change in quantity supplied D. the responsiveness of quantity demanded to a change in price
Question
What does the price elasticity of demand measure? A. the responsiveness of quantity demanded to a change in income B. the responsiveness of price to a change in quantity demanded. C. the responsiveness of quantity demanded to a change in quantity supplied D. the responsiveness of quantity demanded to a change in price
Solution
Para responder a la pregunta, sigamos estos pasos:
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Identificar el concepto clave: La pregunta se refiere a la "elasticidad precio de la demanda".
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Definir el concepto: La elasticidad precio de la demanda mide cómo cambia la cantidad demandada de un bien cuando cambia su precio.
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Analizar las opciones:
- Opción A: Se refiere a la elasticidad ingreso de la demanda, no a la elasticidad precio.
- Opción B: Esto describe una relación inversa, no la elasticidad precio de la demanda.
- Opción C: Esto se relaciona más con la elasticidad cruzada o la oferta, no con la elasticidad precio de la demanda.
- Opción D: Esta opción describe correctamente la elasticidad precio de la demanda.
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Conclusión: La opción correcta es la que describe la relación entre la cantidad demandada y el precio.
Por lo tanto, la respuesta correcta es:
D. la capacidad de respuesta de la cantidad demandada a un cambio en el precio.
Similar Questions
The price elasticity of demand is a measure of: Group of answer choices 1.the change in price of a good that results from a change in its quantity demanded. 2.the responsiveness of the quantity demanded of a good to a change in its price. 3.the demand for a good. 4.how consumers respond to excess demand.
What does the term elastic demand mean?Multiple ChoiceQuantities demanded which are not very responsive to a change in price.The responsiveness of quantity demanded to a change in price.An elasticity coefficient which is equal to one.Quantities demanded which are quite responsive to a change in price.The responsiveness of price to a change in quantity demanded.
Price elasticity of demand reveals how responsive the change in quantity demanded is to a change in price
What is the definition of price elasticity of demand? A. the slope of the demand curve B. the percentage change in quantity demanded divided by the percentage change in price C. the percentage change in price divided by the percentage change in quantity demanded D. the slope of the demand curve divided by the priceReset Selection
Demand is said to be elastic when the: Group of answer choicespercentage change in quantity demanded is less than the percentage change in price.percentage change in quantity demanded is greater than the percentage change in price.change in quantity demanded is less than the change in price.change in quantity demanded is greater than the change in price.
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