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Unit Test - Question 10 | EAP-Economics and Personal Finance B | Revolt
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EAP-Economics and Personal Finance B
Unit Test
Question 10
10
Quiz
Multiple Choice
Unit Test
Question 10 of 15 • EAP-Economics and Personal Finance B
What does elasticity measure in economics?
Answer
A
how the amount of a good changes when the producer hires more employees
B
how the amount of a good changes when the producer uses new materials
C
how the amount of a good changes when its price goes up or down
D
how the amount of a good changes when its distribution expands
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