QUESTION 5 Match the term with the definition Supply Demand Price elasticity of demand Price discrimination Variable cost pricing A. A measure of how responsive demand is to a change in price. B. The quantity of a good or service that consumers wish to purchase. C. Also known as contribution method or marginal cost pricing D. The ability to identify, seperate and charge customers based on their willingness and ability to pay. E. The quantity of a good or service which firms are willing to offer for sale