A demand elasticity coefficient is a measure of the sensitivity of quantity demanded to a change in one of the determinants of demand.

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This statement is true. The demand elasticity coefficient measures how much the quantity demanded of a good or service will change in response to a change in price, income, or other factors that influence demand. It is used to understand the degree to which demand is elastic or inelastic, and can be calculated using various methods such as the percentage change formula or the midpoint formula.

A Demand Elasticity Coefficient Is a Measure of the Sensitivity