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hiusy98 hiusy98
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Posts: 1526
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7 years ago
All else constant, as the price elasticity of demand for a good at the equilibrium price decreases, the amount of consumer surplus derived from purchasing the equilibrium quantity of the good increases.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 92 times
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andyborziandyborzi
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7 years ago
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hiusy98 Author
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7 years ago
Project is complete now, thank you for your expertise!
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