Cross Elasticity of Demand Measures the Response in

question 54

Multiple Choice

Cross elasticity of demand measures the response in

• A)the quantity of one good demanded to a change in the price of another good.
• B)the income of consumers to the change in the price of goods.
• C)the price of a good to a change in the quantity of another good demanded.
• D)quantity of one good demanded when the quantity demanded of another good changes.

---

Definitions:

Retina

The light-sensitive layer at the back of the eye, containing cells that detect light and colors, converting them into electrical signals sent to the brain.

Ciliary Muscles

A ring of smooth muscle in the eye's middle layer that controls the lens's shape for focusing.

Pupil

Circular opening in the iris through which light enters the eye.

Rods

Photoreceptor cells in the retina of the eye, highly sensitive to light, and responsible for vision under low light conditions.