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​In General,the Larger the Price Elasticity

Question 41

Multiple Choice

​In general,the larger the price elasticity:


A) ​the smaller the responsiveness of price to changes in quantity. 
B) the smaller the responsiveness of quantity to changes in price.
C) the larger the responsiveness of price to changes in quantity. 
D) ​the larger the responsiveness of quantity to changes in price. 

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