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    Foundations of Macroeconomics
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    If the Income Elasticity of Demand for a Miami Dolphin
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If the Income Elasticity of Demand for a Miami Dolphin

Question 74

Question 74

Essay

If the income elasticity of demand for a Miami Dolphin season ticket is 2.34,then are Dolphin season tickets a normal or an inferior good?

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Because the income e...

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