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The sensitivity of consumers to price changes is measured by the _____.
a. input-output coefficient
b. coefficient of substitution
c. law of demand
d. price elasticity of demand

Respuesta :

Hello,


The sensitivity of consumers to price changes is measured by the price elasticity of demand

Hope this helps

~HotTwizzlers
Hello! And thank you for your question!

The answer to your question is:

D. Price elasticity of demand

Demand is very high in foods and gas in modern today times.

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