Register
What is the measure of how much consumers will respond to price changes?
170k views
3 votes
What is the measure of how much consumers will respond to price changes?

User Limc
by
7.0k points

1 Answer

7 votes
a consumer will respond to the price change in such a way that it could express it marginal utility
User Themiurgo
by
7.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.9m questions

10.5m answers

Other Questions

What can turn igneous rock into sediment?
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!