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Business, 29.12.2020 09:10 cobyontiveros

Mohamed income elasticity for good A is equal to -1.5. His current income is Br.40, 000 per year and he buys 200 units of good A annually. If his income falls to Br.36, 000 how many units of good A will he purchase?

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Mohamed income elasticity for good A is equal to -1.5. His current income is Br.40, 000 per year and...
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