Economy, asked by osamakarim4, 8 months ago

Q) Income of a person is Rs.8000 and he uses 60 units of a commodity. 1.Calculate income elasticity of demand when the income increased by 30% and consumption of the good is decline by 50%. (1 Mark) 2.Nature of good (1 Mark)

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Answered by bellaswan05
0

Answer:

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Explanation:

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