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Business, 03.02.2020 20:03 josephjannace12

Which of the following is most likely to be true? a) income elasticity of demand for fur coats exceeds that of oatmeal b) income elasticity of demand for oatmeal exceed that of fur coats c) income elasticity of demand for fur coats equals that of oatmeal d) it is not possible to make any prediction about relative income elasticities

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