If people spent three times as much on restaurant meals and four times as much on movie

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If people spent three times as much on restaurant meals and four times as much on movie tickets as their incomes doubled, would restaurant meals or movie tickets have a greater income elasticity of demand?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 17, 2023 05:53 AM

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If people spent three times as much on restaurant meals and four times as much on movie

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Exploring Economics

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