The Price Elasticity of Demand Measures How Much

question 173

Multiple Choice

The price elasticity of demand measures how much

• A)quantity demanded responds to a change in price.
• B)quantity demanded responds to a change in income.
• C)price responds to a change in demand.
• D)demand responds to a change in supply.

---

Definitions:

-ectomy

A suffix used in medical terminology to indicate the surgical removal of a specified part of the body.

-uria

A suffix used in medical terminology to describe conditions related to urine, such as polyuria (production of a large volume of urine) or hematuria (presence of blood in urine).

-itis

Refers to inflammation or infection of a part of the body.

Hydro-

A prefix meaning water, used to denote a relationship to water or moisture in various scientific and technical contexts.