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    Exam 4: Elasticity
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    Income Elastic Demand Means That the Income Elasticity of Demand
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Income Elastic Demand Means That the Income Elasticity of Demand

Question 82

Question 82

Multiple Choice

Income elastic demand means that the income elasticity of demand is:


A) between 0 and 1.
B) below 0.
C) above 1.
D) at 0.

Correct Answer:

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