Arista always spends 30 of her income on whozits assume


Arista always spends 30% of her income on whozits. Assume that her income increases by some percentage while the price of whozits remains constant (and that all whozits cost the same). What is her income elasticity of demand for whozits?

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Business Economics: Arista always spends 30 of her income on whozits assume
Reference No:- TGS01191569

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