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jdot jdot
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A year ago
If Vicky's income increases by 8% and she increases her consumption of take-out meals by 4%, then her income elasticity of demand for take-out meals is

▸ -0.5.

▸ 2.0.

▸ 0.5.

▸ 4.0.

▸ -2.0.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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itashiaitashia
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A year ago
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