Using the midpoint income elasticity method

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Using the midpoint income elasticity method. How can you tell whether the good is inferior or normal. Explain. My income elasticity is 1.6666666

Reference no: EM131681765

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Using the midpoint income elasticity method : Using the midpoint income elasticity method. How can you tell whether the good is inferior or normal. Explain. My income elasticity is 1.6666666
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