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What about income elasticity be

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Question 1: What do you think is the price elasticity of demand for Coca-Cola - elastic or inelastic? Why? What about its income elasticity be?

Reference no: EM132542683

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What about income elasticity be : What do you think is the price elasticity of demand for Coca-Cola - elastic or inelastic? Why? What about its income elasticity be?
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