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If Starbucks's data analytics department estimates the income elasticity of demand for its coffee to be 2.35, how will the prospect of an economic boom

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If Starbucks's data analytics department estimates the income elasticity of demand for its coffee to be 2.35, how will the prospect of an economic boom (expected to increase consumers' incomes by 4 percent over the next year) impact the quantity of coffee Starbucks expects to sell? Instruction: Enter your response rounded to two decimal places. It will change by percent

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