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Suppose a 19% increase in income led to a 38% increase in quantity demanded for smartwatches. Smartwatches have an income elasticity of _________. Include a
Suppose a 19% increase in income led to a 38% increase in quantity demanded for smartwatches. Smartwatches have an income elasticity of _________. Include a negative sign if applicable, and round your answer to two decimal places
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