Business, 11.01.2020 03:31 ethanmoct6
Suppose the income elasticity of demand of watches is 0.7. if the median income in the united states rises by 10%, then the demand for watches should: 1. increase by 0.7%.2. decrease by 7%.3. increase by 7%.4. increase by 70%.
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Suppose the income elasticity of demand of watches is 0.7. if the median income in the united states...
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