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Home Q & A Board Other Fields Homework Help Business Economics
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lurielbank lurielbank
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Posts: 472
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5 years ago

Suppose the Engel curve for a particular commodity is given by:








What is the income elasticity for this particular product?



• 0.333

• 0.5

• 1.77

• 0.364
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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h00304413h00304413
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lurielbank Author
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#2
5 years ago
Thank you
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