Dr.Social Science has recently figured out how to clone consumers.His first effort was done on the population of Walla, Washington.Each original citizen got a clone who had exactly the same income and preferences.Which of the following statements describes what happened to the demand function for tuna-fish casseroles in Walla?
A)The elasticity doubled and the slope remained constant.
B)The elasticity did not change at any price.
C)The elasticity of demand doubled and the slope doubled.
D)The elasticity halved and the slope remained constant.
E)none of the above.

Question

Quizplus · Accepted Answer

Since the clones have the same income and preferences as the original citizens, the demand function for tuna-fish casseroles would not change. Therefore, the elasticity of demand would not change at any price.

DrSocial Science Has Recently Figured Out How to Clone Consumers