Last year when john graduated and received a 20 percent pay increase, the average number of restaurant meals he consumed rose from once a week to three time a week. Hence his income elasticity for restaurant meals is.

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04-10-2022
Business

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Last year when john graduated and received a 20 percent pay increase, the average number of restaurant meals he consumed rose from once a week to three time a week. Hence his income elasticity for restaurant meals is.

Sagot :

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