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Suppose the demand for gourmet coffee can be represented by a linear demand curv

已有 45 次閱讀2023-12-10 00:33 |個人分類:答題系列| demand, gourmet, coffee, curve, represented

【題目】 Suppose the demand for gourmet coffee can be represented by a linear demand curve. When income rises cause the demand curve for gourmet coffee shift to the right parallelly:
  becomes more elastic at the price that prevailed before the change in income
  becomes less elastic at the price that prevailed before the change in income
  becomes more elastic at every price
  becomes less elastic at every price

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