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Llanis Llanis
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6 years ago
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.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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LBCeaLBCea
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Llanis Author
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Brilliant ツ
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