Is a measure of the responsiveness of the demand for a good to a change in the price of a substitute or complement other things remaining the same?

Q: Is a measure of the relative change in quantity demanded of a good in response to a relative change in its price?

Elasticity is a measure of a variables sensitivity to a change in another variable, most commonly this sensitivity is the change in quantity demanded relative to changes in other factors, such as price.

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Which measures the responsiveness of demand to a change in income other things remaining the same?
What is a measure of the responsiveness of the demand for a commodity to the change in outlay on advertisement and other promotional efforts?
Is the responsiveness of demand for a certain good in relation to changes in price of other related goods?
Is a measure of the relative change in quantity demanded of a good in response to a relative change in its price?

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Which measures the responsiveness of demand to a change in income other things remaining the same?

The cross elasticity of demand is a measure of the responsiveness of the demand for a good to a change in the price of a substitute or complement, other things remaining the same.

What is a measure of the responsiveness of the demand for a commodity to the change in outlay on advertisement and other promotional efforts?

Advertising elasticity of demand (AED) is a measure of a market's sensitivity to increases or decreases in advertising saturation.

The measure economists use to describe the responsiveness of demand for a good or service to a change in the price of another good or service is called the cross price elasticity of demand, e _A_, _B.

Is a measure of the relative change in quantity demanded of a good in response to a relative change in its price?

Elasticity is a measure of a variable's sensitivity to a change in another variable, most commonly this sensitivity is the change in quantity demanded relative to changes in other factors, such as price.