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Business, 10.03.2020 07:49 Onlyoneeniyaaa

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

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Adella always spends 20 20 % of her income on drumsticks. Assume that her income increases by some p...
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