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    Principles of Microeconomics
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    Exam 5: Elasticity and Its Application
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    Table 5-2 -Refer to Table 5-2.Using the Midpoint Method,what Is the Income
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Table 5-2 -Refer to Table 5-2.Using the Midpoint Method,what Is the Income

Question 89

Question 89

Multiple Choice

Table 5-2 Table 5-2   -Refer to Table 5-2.Using the midpoint method,what is the income elasticity of good Y A) -3.33 B) -2.33 C) -1.20 D) 1.33
-Refer to Table 5-2.Using the midpoint method,what is the income elasticity of good Y


A) -3.33
B) -2.33
C) -1.20
D) 1.33

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