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Fanny tells you that his income elasticity of demand for swedish fish is -0.4. What do you know about Fanny's preference to swedish fish given
Fanny tells you that his income elasticity of demand for swedish fish is -0.4. What do you know about Fanny's preference to swedish fish given this information? Group of answer choices Fanny considers swedish fish to be an inferior good Fanny considers swedish fish to be a normal good Fanny will buy less swedish fish if the price goes up Fanny will buy more swedish fish if Fanny's income goes up
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