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In the study of the demand for fast food, the income elasticity of demand was estimated to be: Question 7 options: a) statistically insignificant and

In the study of the demand for fast food, the income elasticity of demand was estimated to be: Question 7 options: a) statistically insignificant and inelastic. b) statistically insignificant and elastic c) statistically insignificant and unitary elastic d) zero

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