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Income Elasticity of Demand

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Maria spends 1/3 her income on clothes. Her income elasticity of demand is constant.

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ramo — December 12, 2012 - 11:41 AM

Resource Type: Activity
Tags: economics elasticity income microeconomics
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Target Group (Age): 15 – 18
Language: English (United Kingdom)

Views: 3541

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License: CC-BY-SA, GeoGebra Terms of Use

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