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if the income elasticity of demand for a good is +0,5 then is implies that this good must be a(n) (a) necessity (b) luxury (c)
if the income elasticity of demand for a good is +0,5 then is implies that this good must be a(n)
(a) necessity
(b) luxury
(c) inferior good
(d) complement
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International Trade
Authors: John McLaren
1st edition
0470408790, 978-0470408797
