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Concept: Information Needed/Elasticity What information must economists have to estimate the price elasticity of demand? To estimate the price elasticity of demand, economists need to

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Concept: Information Needed/Elasticity What information must economists have to estimate the price elasticity of demand? To estimate the price elasticity of demand, economists need to know O A. the demand curve for a product. O B. the market price and quantity sold. O C. the supply curve for a product O D. total revenue. O E. the change in quantity demanded ary DES n Tools > ourceS Click to select your answer and then click Check

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