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Business, 11.02.2020 03:21 brittany7436

Blake eats two bags of generic potato chips each day. Blake's hourly wage increases from $ 8 to $ 15 , and he decides to stop eating generic chips and instead eats a name-brand potato chip. Use the midpoint method to calculate Blake's income elasticity of demand for generic potato chips. Round your answer to two decimal places.

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Blake eats two bags of generic potato chips each day. Blake's hourly wage increases from $ 8 to $ 15...
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