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a) Solve and identify (if they are luxuries, normal or inferior goods) the income elasticity coefficient, if: Formula: Ei = Q2-Q1 Q1 12-11 1. Q1
a) Solve and identify (if they are luxuries, normal or inferior goods) the income elasticity coefficient, if: Formula: Ei = Q2-Q1 Q1 12-11 1. Q1 5 Q2 = 11 11 $4 12 = $8 11 2. Q1 2 Q2 15 11 $10 12 $5 3. Q1 4 Q2 = 14 11 $3 12 $17
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Financial Statement Analysis Accounting Ratio Analysis
Authors: Commerce Central
1st Edition
979-8862220773
