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Business, 17.02.2020 17:37 anthonysquadjohnson

When Alex's income increased from $6 comma 000 to $8 comma 000, he increased his consumption of bagels from 4 to 8 a month and decreased his consumption of donuts from 14 to 8 a month. Calculate Alex's income elasticity of demand for bagels and donuts.

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When Alex's income increased from $6 comma 000 to $8 comma 000, he increased his consumption of bage...
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