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Author Question: For a good such as food, the income elasticity is likely (Read 56 times)

BRWH

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on: May 24, 2019
For a good such as food, the income elasticity is likely
◦ negative.
◦ equal to zero.
◦ positive and less than one.
◦ positive and greater than one.
◦ undefined because people always buy the same amount of food.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by BRWH on May 24, 2019

cswans24

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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BRWH

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
Excellent

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