Chapter 4: Elasticity It measures the responsiveness of quantity demanded (or demand) with respect to changes in its own price (or income or the price.
Chapter 4: Elasticity or demand or incomethe price of some other commodity It measures the responsiveness of quantity demanded (or demand) with respect.
Warm-up Problem 2 Write three positive integers in a line. In the space just below and between each pair of adjacent integers, write their difference.