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are the manager of a supermarket, and you know that the income elasticity of peanut butter is exactly - 0 . 8 5 . Due

are the manager of a supermarket, and you know that the income elasticity of peanut butter is exactly -0.85. Due to the nomic recession, you expect incomes to drop by 12 percent next year. How should you adjust your purchase of peanut butter?

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