If your income goes down by 15 percent and you cut back on your manicures by 25

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If your income goes down by 15 percent and you cut back on your manicures by 25 percent, then your demand for manicures is . ( LO4 )

a) income elastic

b) income inelastic

c) income elastic and income inelastic

d) neither income elastic nor income inelastic

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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