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Author Question: If income increases by 10% and, in response, the quantity of housing demanded increases by 7%, then ... (Read 67 times)

fahad

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on: Apr 19, 2019

If income increases by 10% and, in response, the quantity of housing demanded increases by 7%, then the income elasticity of demand for housing is


◦ -1.
◦ -0.7.
◦ 0.7.
◦ 1.43.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by fahad on Apr 19, 2019

shoemake

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Reply #1 on: Apr 19, 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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fahad

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

chjcharjto14

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Reply 3 on: Yesterday
Wow, this really help

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