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The table below lists the income elasticities, prices and quantity purchased for Good X and Good Y. Quantities Quantities Purchased Purchased Income Prices Good X

The table below lists the income elasticities, prices and quantity purchased for Good X and Good Y.

Quantities Quantities Purchased Purchased Income Prices Good X Good Y $30,000 Px = $4, Py = $3 2 20 50,000 Px = $4, Py = $4 5 10

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