Ingeneral,elasticityisameasureof A: the extent to which advances in technology are adopted by producers. B: the extent to which a market is competitive. C: how firms’ profits respond to changes in market prices. D: how much buyers and sellers respond to changes in market conditions.
Ingeneral,elasticityisameasureof A: the extent to which advances in technology are adopted by producers. B: the extent to which a market is competitive. C: how firms’ profits respond to changes in market prices. D: how much buyers and sellers respond to changes in market conditions.
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