question archive If your income goes up by 2% and, in response, the quantity demanded of good xx rises by 3%, the income elasticity of demand would be _____

If your income goes up by 2% and, in response, the quantity demanded of good xx rises by 3%, the income elasticity of demand would be _____

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If your income goes up by 2% and, in response, the quantity demanded of good xx rises by 3%, the income elasticity of demand would be _____.

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