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    Principles of Economics Study Set 4
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    Exam 4: Elasticity
  5. Question
    For Which of the Following Products Is Income Elasticity Likely
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For Which of the Following Products Is Income Elasticity Likely

Question 18

Question 18

Multiple Choice

For which of the following products is income elasticity likely to be greatest?


A) Salt
B) Groceries
C) Airplane travel
D) Blue jeans

Correct Answer:

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