_____ describes how responsive demand will be to a change in price.
A) Price elasticity
B) Break-even pricing
C) The break-even chart
D) Target costing
E) Supply
Answer: A) Price elasticity
_____ describes how responsive demand will be to a change in price.
A) Price elasticity
B) Break-even pricing
C) The break-even chart
D) Target costing
E) Supply
Answer: A) Price elasticity