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The income elasticity of demand is a measure of the responsiveness of the A. Quantity of a good demanded to changes in income. B. Consumers

The income elasticity of demand is a measure of the responsiveness of the

A.

Quantity of a good demanded to changes in income.

B.

Consumers income to a change in the price of the goods he or she consumes.

C.

Quantity of a good demanded to changes in another goods price.

D.

Quantity of a good demanded to changes in its price.

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