Price elasticity of demand or supply measures how responsive
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option C
Explanation:
Price elasticity of supply or demand measures the responsiveness to the supply of a good or service after a change in its market price.
Price elasticity of supply or demand measures the responsiveness to the supply of a good or service after a change in its market price.