The price elasticity of demand for a good measures the responsiveness of:

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The price elasticity of demand for a good measures the responsiveness of:

A.demand to a one percent change in price of that good.

B.quantity demanded to a one percent change in price of that good.

C.price to a one percent change in the quantity demanded of that good.

D.price to a one percent change in the demand for that good.

正确答案:quantity demanded to a one percent change in price of that good.

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