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phoebe.lou phoebe.lou
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A year ago

Good Z is income unit elastic. This means that the percentage change in income is



equal to the percentage change in the quantity demanded of good Z.



greater than the percentage change in the demand for good Z.



less than the percentage change in the quantity demanded of good Z.



equal to the percentage change in the price of good Z.



greater than the percentage change in the price of good Z.

Textbook 
Economics

Economics


Edition: 12th
Author:
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silvermoon197silvermoon197
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A year ago
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