Business, 02.03.2020 17:19 liltonio

Arista always spends 20 % of her income on whatzits. Assume that her income increases by some percentage while the price of whatzits remains constant (and that all whatzits cost the same). What is her income elasticity of demand for whatzits?

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Arista always spends 20 % of her income on whatzits. Assume that her income increases by some percen...

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