Question: shows by how much quantity demanded changes for a given change in price. The number of uses Elasticity O Price elasticity of demand O Proportion

shows by how much quantity demanded changes for a given change in price. The number of uses Elasticity O Price elasticity of demand O Proportion of income spent on the product Income Elasticity The number of substitutes Inelastic demand O Elastic demand Perfectly elastic demand Elasticity of supply O Perfectly inelastic demand Unitary elastic demand O Luxury or fincessity O Cross price demand elasticity O Time frame

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