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Llanis Llanis
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6 years ago
Suppose the quantity of x is measured on the horizontal axis. If the income consumption curve is vertical, then the income elasticity of demand for x is
A) 0.
B) 1.
C) -1.
D) There is not enough information to determine the income elasticity of demand for x.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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#1
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6 years ago
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