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D Question 6 2 pts If a product has an income elasticity of demand of 5, and buyers' incomes increase by 25%, then: O purchases
D Question 6 2 pts If a product has an income elasticity of demand of 5, and buyers' incomes increase by 25%, then: O purchases of this product will fall by 2.5%%. O purchases of this product will fall by 75%%. O purchases of this product will increase by 125%. O purchases of this product will increase by 25%%. O purchases of this product will fall by 25%%. O purchases of this product will increase by 50%.D Question 10 3 pts Total Marginal Average Labor Production Production Production 8 4 20 6 10 8 56 In the above table, the marginal and average production of workers 3 and 4 (the values in the row for 4 workers) are, respectively: O 12:24 0 6:5 O 10; 6.66 0 4:4
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