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Aisha has permanently decided to spend one-third of her income on fashion clothing. a.What is her income elasticity of fashion clothing demand? b.What is her

Aisha has permanently decided to spend one-third of her income on fashion clothing.

a.What is her income elasticity of fashion clothing demand?

b.What is her price elasticity of fashion clothing demand?

c.Suppose If Aisha's tastes change and she chooses to devote only one-fourth of her income on fashion clothing, how does her demand curve change? What are her income elasticity and price elasticity now?

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