The price elasticity of demand, for a given product, indicates______.

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问题 The price elasticity of demand, for a given product, indicates______.

选项 A、how far businessmen can stretch their fixed costs
B、the degree of competition in a market
C、the extent to which a demand curve shifts as incomes change
D、how responsive quantity demanded to price changes is

答案D

解析 答案为D项。elasticity“弹性”,是衡量在其他条件不变的情况下,一变量对另一变量变化数量的反应程度。demand curve“需求曲线”,是描述价格与需求量之间关系的曲线。price elasticity of demand“需求的价格弹性”,是指一种商品的需求量对这种商品价格变化程度的衡量指标。故本题选D项。
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