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Title: A 10 percent increase in income has caused a 5 percent decrease in the quantity Post by: Lauren1 on Nov 11, 2014 A 10 percent increase in income has caused a 5 percent decrease in the quantity demanded. The income elasticity is
A) 0.5. B) -0.5. C) 2.0. D) -2.0. Title: Re: A 10 percent increase in income has caused a 5 percent decrease in the quantity Post by: MrDereche on Nov 14, 2014 Content hidden
Title: Re: A 10 percent increase in income has caused a 5 percent decrease in the quantity Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: A 10 percent increase in income has caused a 5 percent decrease in the quantity Post by: MrDereche on Nov 17, 2014 You're welcome!
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