16-Demand price elasticity measures: Question 16 options: a- how much supply wil

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16-Demand price elasticity measures: Question 16 options: a- how much supply will change as price changes. b- how consumers change their purchases in response to a change in income. c- how consumers change their purchases in response to a change in the price of a substitute good. d- how consumers change their purchases in response to a change in the price of a product. e- the change in price brought about by a change in consumer demand. 16-Demand price elasticity measures: 16-Demand price elasticity measures: a- how much supply will change as price changes. b- how consumers change their purchases in response to a change in income. c- how consumers change their purchases in response to a change in the price of a substitute good. d- how consumers change their purchases in response to a change in the price of a product. e- the change in price brought about by a change in consumer demand. how much supply will change as price changes. how consumers change their purchases in response to a change in income. how consumers change their purchases in response to a change in the price of a substitute good. how consumers change their purchases in response to a change in the price of a product. the change in price brought about by a change in consumer demand. a- how much supply will change as price changes. b- how consumers change their purchases in response to a change in income. c- how consumers change their purchases in response to a change in the price of a substitute good. d- how consumers change their purchases in response to a change in the price of a product. e- the change in price brought about by a change in consumer demand.

Explanation / Answer

how consumers change their purchases in response to a change in the price of a product. d- how consumers change their purchases in response to a change in the price of a product.

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