TASK DEFINITION: In this task, you are given a sentence in Spanish and your task is to translate it into English. In translation, keep the numbers and capitalization (capitalize only the first word of each sentence and name).
PROBLEM: Existe naturalmente elasticidad de la demanda, en este caso, una elasticidad del precio de la demanda.

SOLUTION: There is ,of course, elasticity of demand, in this case a price elasticity of demand.

PROBLEM: Dado que su autor no está presente, la pregunta nº 52 decae.

SOLUTION: As the author is not present, Question No 52 lapses.

PROBLEM: Señor Comisario, hoy por la mañana el Presidente de la Comisión, Sr. Prodi, entre otras cosas, ha subrayado que en los Balcanes se está poniendo a prueba nuestra capacidad de actuar con eficacia, que está en tela de juicio la propia credibilidad de la Unión Europea y que, de una vez por todas, debemos acabar con el desfase entre palabras y obras.

SOLUTION:
Commissioner, this morning President Prodi, among others, stressed that the Balkans are testing our ability to act effectively, the very credibility of the European Union is on trial, and the gap between words and deeds must finally be closed.