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D Question 13 2.5 pts (Refer Table - Johnson's Income and Expenditures) Based on Johnson's buyer behavior which one of the following combinations are likely
D Question 13 2.5 pts (Refer Table - Johnson's Income and Expenditures) Based on Johnson's buyer behavior which one of the following combinations are likely to be income-inelastic goods? Table - Johnson's Income and Expenditures Monthly Quantity Purchased per Month Income Steaks Magazines Movies Pizzas $2000 2 4 6 $3000 6 6 6 O a. Steaks and movies. O b. Steaks and pizza. O c. Magazines and pizza. d, None of the above
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