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What does an Income Elasticity of Demand of the following values mean for the buyer's demand?Expalin in each case. a. Ei = -2, b. Ei

What does an Income Elasticity of Demand of the following values mean for the buyer's demand?Expalin in each case. a. Ei = -2, b. Ei = .6 c. Ei = 1.5 What does a Cross price elasticity of demand of the folliwng values mean? Expalin in each case. Cross-price elasticity of demand of +1.2 and -.8

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