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A consumer, Andy's weekly income is $700, and he buys 7 bars of chocolate per week. When Andy's weekly income increases to $850, he buys
A consumer, Andy's weekly income is $700, and he buys 7 bars of chocolate per week. When Andy's weekly income increases to $850, he buys 8 bars per week. The income elasticity of demand for chocolate by Andy is about ______ and chocolate is a(n) ______ good for him.
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