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Not sure about this one. The income elasticity of demand for food is roughly 1. Suppose a consumer's monthly income is $2,000, of which 20

Not sure about this one.

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The income elasticity of demand for food is roughly 1. Suppose a consumer's monthly income is $2,000, of which 20 percent is spent on food. If the income of this consumer doubles, the amount she'll spend on food will be Multiple Cholce $400 per month. $500 per month. $800 per month. $1,000 per month. 0000

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