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Elasticity of Demand Date for Product A Income |Illuantitglir Demanded $20000 00 $30000 100 $40000 150 $50000 100 $00000 200 11211. Given the following data,

Elasticity of Demand

Date for Product A Income |Illuantitglir Demanded $20000 00 $30000 100 $40000 150 $50000 100 $00000 200 11211. Given the following data, calculate the income elasticity of demand for Product A when a consumer's income changes from $40,000 to $50,000. What sort of good are they? \fData Original price of good A = 58 Original quantityr of good B = 2|] units New price of good A = $? New quantity of good B = 25 units as. Given the following data. what Is the cross-price elasticity bonusen the too goods? Are they complements or substitutes?

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