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| Q. |
An individual is spending his entire income on two items A and B equally. If income elasticity of A is 4 what is income elasticity of B |
| A. | 4 |
| B. | 2 |
| C. | 3 |
| D. | 1 |
| Answer» C. 3 | |
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Fundamentals of Economics and ManagementNo comments yet