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in general, elasticity is a measure of a. the extent to which advances in techno

ID: 1251333 • Letter: I

Question

in general, elasticity is a measure of a. the extent to which advances in technology are adopted byproducers. b. the extent to which a market is competitive. c. how fast the price of a good responds to ashift of thesupply curve or demand curve. d.how much buyers and sellers respond to changes in marketconditions. in general, elasticity is a measure of a. the extent to which advances in technology are adopted byproducers. b. the extent to which a market is competitive. c. how fast the price of a good responds to ashift of thesupply curve or demand curve. d.how much buyers and sellers respond to changes in marketconditions.

Explanation / Answer




I'm guessing the answer isD.

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