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Business, 13.02.2020 20:07 laderickaluckey

An individual's income rises from $77,000 per year to $82,000 per year, and as a consequence the person's purchases of movie downloads rise from 2 per month to 4 per month. This individual's income elasticity of demand is . Therefore, movie downloads are goods.

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An individual's income rises from $77,000 per year to $82,000 per year, and as a consequence the per...
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