Question: Question 6 (9 points) [9 marks] For the following question, You get 2 marks for choosing the correct answer. . You get up to 7

Question 6 (9 points) [9 marks] For the following question, You get 2 marks for choosing the correct answer. . You get up to 7 marks for the detailed solution. The demand for good X is described by Q - m - 2 In (Px), where Q is the number of good X demanded, Px is the price of good X per unit. At all such values of Px, the absolute value of the price elasticity of demand (a) increases as Px increases. (b) decreases as Py increases. (c) increases with Py at small values and decreases with Px at large values. (d) decreases with Py at large values and increases with Py at small values. (e) None of the above

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