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Business, 03.04.2020 19:42 chiquita77

When Judy's income increased from $200 to $240 a week, she increased her demand for concert tickets by 5 percent and decreased her demand for bus rides by 20 percent. Calculate Judy's income elasticity of demand for concert tickets and bus rides.

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When Judy's income increased from $200 to $240 a week, she increased her demand for concert tickets...
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