AP Microeconomics: Elasticity

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Last Updated By swtxhunnie on 05/07/2009
AP Microeconomics  Elasticity
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to review the concept of elasticity in preparation for the AP Microeconomics exam
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Free Flashcard From AP Microeconomics: Elasticity
Question: What is price elasticity of demand?
Answer: a measure of change in quantity demanded as it relates to the change in price