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If a Price Changes, Then Changes in Consumption at the Intensive

question 42

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If a price changes, then changes in consumption at the intensive margin are changes that happen because consumers alter the amounts that they consume but do not either stop consuming or start consuming the good.


Definitions:

Output Device

Any hardware or system component that conveys information from the computer or control system to the user or another process, such as monitors, printers, and speakers.

Input Device

A hardware device used to input data or information into a computer or system, such as a keyboard, mouse, or sensor.

Sheets

Flat pieces of material, or in the context of software, a single page within a workbook or document.

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