The Price Elasticity of Demand for Automobiles Measures the Responsiveness

question 8

Multiple Choice

The price elasticity of demand for automobiles measures the responsiveness of

• A) consumer purchases to a change in the price of automobiles.
• B) consumer purchases to a change in the quality of automobiles.
• C) supplier production levels to a change in the price of automobiles.
• D) consumer purchases of automobiles to a change in their income.

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