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Business, 06.05.2020 22:05 kromer6797

Which of the following goods would most likely have an income elasticity of -2?
Choose 1
A
Used cars in a society that values new goods
(B)
Rice in a country where it is a staple food consumed by most people
C
Airplane tickets in a society that values travel
D
Books in a society that values education

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Answers: 1

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Which of the following goods would most likely have an income elasticity of -2?
Choose 1
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