The price elasticity of demand is a measure of:

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The price elasticity of demand is a measure of:

A.the change in quantity demanded of a good that results from a change in its price.

B.the demand for a good.

C.the change in price of a good that results from a change in its quantity demanded.

D.how consumers respond to excess demand.

正确答案:the change in quantity demanded of a good that results from a change in its price.

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