Business, 08.03.2021 21:40 tiniecisneros28

Elasticity differs from the slope as a measure of responsiveness to changes in prices because: multiple choice percentage changes do not depend on the units of measurement, whereas the slope does. the slope is always negative, while elasticity is not. elasticity changes depending on the currency prices are measured in, but this does not affect the slope. elasticity is only useful for describing demand, but the slope is useful for describing demand and supply.

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Elasticity differs from the slope as a measure of responsiveness to changes in prices because: multi...

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