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B. You have to decide whether to buy stock in Ford Company or GM Company. The income elasticity for Ford is .1 and the income
B. You have to decide whether to buy stock in Ford Company or GM Company. The income elasticity for Ford is .1 and the income elasticity for GM is -.2. Most economists are predicting that consumer income will rise over the next few years. What company should you invest in and why
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
