As a result the consumer increases her purchases of compact
Suppose a consumer's income increases from $60,000 to $66,000. As a result, the consumer increases her purchases of compact disks (CDs) from 50 CDs to 60 CDs. What is the consumer's income elasticity of demand for CDs?
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suppose a consumers income increases from 60000 to 66000 as a result the consumer increases her purchases of compact
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the technology for cutting hair has changed little in the last 100 years whereas technology for growing wheat has
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