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Question

Which of the following elasticity measures a movement along a demand curve rather than a shift in demand curve?

A
The price elasticity of demand
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B
The income elasticity of demand
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C
The cross elasticity of demand
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D
All of the above
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Solution

The correct option is B The price elasticity of demand
The price elasticity of demand measures a movement along a demandcurve rather than a shift in the demand curve.

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