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Quickly The price decreases from $2,000 to $1,800. Quantity demanded per year increases from 5000 to 6000 units. Which of the following is correct? Select

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The price decreases from $2,000 to $1,800. Quantity demanded per year increases from 5000 to 6000 units. Which of the following is correct? Select one: a. The good is inferior b. Income elasticity is +2 c. Income elasticity is +0.5 d. The price elasticity of demand is 1.72

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