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Business, 11.03.2020 04:03 fishesforever2321

Adella always spends 20 % of her income on seashells. Assume that her income increases by some percentage while the price of seashells remains constant (and that all seashells cost the same). What is her income elasticity of demand for seashells?

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Adella always spends 20 % of her income on seashells. Assume that her income increases by some perce...
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