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MrGrimey MrGrimey
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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.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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SaHiN22SaHiN22
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#1
Posts: 246
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6 years ago
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MrGrimey Author
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6 years ago
Helped a lot
hpascoe
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
djeghri
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2 hours ago
Brilliant ツ
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