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You have a charger of your phone at home and you are relativley poor. When your income decreases what is income elasticity of it (roughly)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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You have a charger of your phone at home and you are relativley poor. When your income decreases what is income elasticity of it (roughly)

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