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If good Z has an income elasticity of 1.0, then demand for good Z is income __________ and the good ...

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If good Z has an income elasticity of 1.0, then demand for good Z is income __________ and the good ...

If good Z has an income elasticity of 1.0, then demand for good Z is income __________ and the good is __________.

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inelastic, normal

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inelastic, inferior

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elastic, normal

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elastic, inferior

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unit elastic, normal

Textbook

Economics

Edition: 12^th

Author: Arnold

Read 52 times

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