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Income Quantity of Good X Quantity of Good Y Purchased Purchased $30,000 2 20 $40,000 6 10 Using the table above, calculate the income elasticity

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Income Quantity of Good X Quantity of Good Y Purchased Purchased $30,000 2 20 $40,000 6 10 Using the table above, calculate the income elasticity of good Y using the mid-point method. NOTE: I've made this question a "file response" so you can upload an image file of your full mathematical calculations. This helps ensure you receive partial credit even if you make a small math error in your calculation. So do your calculations by hand on scratch paper and upload an image of this work via the file upload button in this question. Attach File Browse Local Files Browse Content Collection QUESTION 23

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