Economy, asked by sogny320, 3 months ago

50. The income elasticity is +2 and income increases by 20%. Sales were 5000
units, what will they be now?
a. 3000
b. 7000
C. 5500
d. 4500

Answers

Answered by rechalparmar98

2

Answer:

The income elasticity is +2 and income increases by 20%. Sales were 5000

units, what will they be now?

Answer 4500

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