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if the income elasticity of demand for iphone 15 is +2.2 in simple terms explain what that means interpret the elasticity coefficient also based on
if the income elasticity of demand for iphone 15 is +2.2 in simple terms explain what that means interpret the elasticity coefficient also based on the elasticity coefficient given above identify whether iPhone 15 is normal good or an inferior good
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
