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Match the items to column A to those in column B(4 points) Column A Column B a) own-price supply elasticity _____ sensitivity of quantity demanded

Match the items to column A to those in column B(4 points)
Column A Column B
a) own-price supply elasticity ___ sensitivity of quantity demanded of X to income
b) income elasticity of demand _ sensitivity of quantity demanded of X to price of X
c) cross-price demand elasticity _ sensitivity of quantity supplied of X to price of X
d) own-price demand elasticity ___ sensitivity of quantity demanded of X to price of Y

4. Match the items to column A to those in column B (4 points) Column A Column B a) own-price supply elasticity sensitivity of quantity demanded of X to income b income elasticity of demand sensitivity of quantity demanded of X to price of X C) cross-price demand elasticity sensitivity of quantity supplied of X to price of X d) own-price demand elasticity sensitivity of quantity demanded of X to price of Y

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