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Author Question: Given the above equation, the income elasticity of demand for noodles is _____. a. 5 b. 0.5 c. 2 ... (Read 24 times)

ahriuashd

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  • Posts: 535
on: Jun 30, 2018
Given the above equation, the income elasticity of demand for noodles is _____.
 a. 5
  b. 0.5
  c. 2
  d. 2.5
  e. 1.6

Question 2

In the short run, all costs are variable.
 a. True
  b. False
  Indicate whether the statement is true or false


lucas dlamini

  • Sr. Member
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  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


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