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For this exam, use the Endpoint Method for all calculations. Elasticity Formula Terminology Change in the World Price of good Price Elasticity (always positive) Income

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For this exam, use the Endpoint Method for all calculations. Elasticity Formula Terminology Change in the World Price of good Price Elasticity (always positive) Income Elasticity [%AQ Ep = 1% %AQ %AIncome Elastic (>1) Inelastic (1) Normal (>0) Inferior (0) Complements (1) Inelastic (1) Normal (>0) Inferior (0) Complements (

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