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Other Fields Homework Help Economics Topic started by: MrGrimey on Nov 12, 2017



Title: If an increase in income results in a rightward parallel shift of the demand curve, then at any ...
Post by: MrGrimey on Nov 12, 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: SaHiN22 on Nov 12, 2017
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