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14. The income elasticity of demand for Excursions is 2.15, and the income elasticity of demand for comforters is 0.80. Based on these estimates,
14. The income elasticity of demand for Excursions is 2.15, and the income elasticity of demand for comforters is 0.80. Based on these estimates, Excursions are a(n). comforters are a(n). and inferior good; luxury good normal good; luxury good O luxury good; normal good O normal good; inferior good **.........
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