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    Managerial Economics Study Set 12
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    Exam 5: Demand Estimation
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    In a Linear Demand Model, the Income Elasticity of Demand
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In a Linear Demand Model, the Income Elasticity of Demand

Question 6

Question 6

Multiple Choice

In a linear demand model, the income elasticity of demand can be influenced by:


A) income.
B) interest rates.
C) price of other goods.
D) all of these.

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