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Title: If a 5 percent increase in income causes a 10 percent increase in quantity demanded, what is the ... Post by: jhaygood86 on Dec 28, 2017 If a 5 percent increase in income causes a 10 percent increase in quantity demanded, what is the income elasticity of demand?
A) 0.5 B) -0.5 C) 2.0 D) -2.0 E) 1.5 Title: Re: If a 5 percent increase in income causes a 10 percent increase in quantity demanded, what is the ... Post by: martrek on Dec 28, 2017 Content hidden
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