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Business, 26.07.2021 07:20 ZaneKun

A consumer's weekly income is $250, and the consumer buys 12 bars of chocolate per week. When weekly income increases to $280, the consumer buys 13 bars per week. The income elasticity of demand for chocolate by this consumer is about

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A consumer's weekly income is $250, and the consumer buys 12 bars of chocolate per week. When weekly...
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