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Income elasticity of demand measures the extent to which Select one: O A. the quantity demanded of a good changes when income changes. O B.

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Income elasticity of demand measures the extent to which Select one: O A. the quantity demanded of a good changes when income changes. O B. the price of a good changes when there is a change in income. O C. quantity demanded changes when there is a change in price. O D. real household income changes when there is a change in the price of a good

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