. 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 Ox = 2m - 4 In (Px), where Ox 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 Py increases. (b) decreases as Py increases. (c) increases with Px at small values and decreases with Px at large values. (d) decreases with Py at large values and increases with Px at small values. (e) None of the above