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(d) (5 marks) Consumer expenditure data in developing countries show that individuals spend more than half of their income on food proportion of income spent
(d) (5 marks) Consumer expenditure data in developing countries show that individuals spend more than half of their income on food proportion of income spent on food declines as income increases. (i) (2 marks) Can either of the two goods - x1 or x2 - represent food? Explain your
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