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Business, 19.02.2022 19:50 alizeleach0123

Lauren's salary decreases from $34,000 to $30,000 . She decides to reduce the number of outfits she purchases each year from 20 to 19. Use the midpoint method to calculate the income elasticity of demand for new outfits. Round your answer to two decimal places.

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Lauren's salary decreases from $34,000 to $30,000 . She decides to reduce the number of outfits she...
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