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c. The market demand for wheat is Q = 100 2p + 1pb + 2Y . If the price of wheat, p, is $2, and

c. The market demand for wheat is Q = 100 2p + 1pb + 2Y . If the price of wheat, p, is $2, and the price of barley, pb, is $3, and income, Y, is $1000. Then what is the income elasticity of wheat?

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