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Other Fields Homework Help Economics Topic started by: Llanis on Oct 17, 2017



Title: If an increase in income results in a rightward parallel shift of the demand curve, then at any ...
Post by: Llanis on Oct 17, 2017
If an increase in income results in a rightward parallel shift of the demand curve, then at any given price, the price elasticity of demand will have
A) increased in absolute terms.
B) decreased in absolute terms.
C) remained unchanged.
D) increased, decreased or stayed the same. It cannot be determined.


Title: Re: If an increase in income results in a rightward parallel shift of the demand curve, then at any ...
Post by: LBCea on Oct 17, 2017
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