Blake eats two bags of potato chips each day blakes hourly, Business Economics

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Blake eats two bags of potato chips each day blakes hourly

Blake eats two bags of potato chips each day. Blake's hourly wage increases from $9 to $15, and he decides to stop eating generic chips and instead eats a name brand potato chip. Use the midpoint method to calculate Blake's income elasticity of demand for generic potato chips.

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Business Economics: Blake eats two bags of potato chips each day blakes hourly

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