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Homework answers / question archive / Complete each of the following sentences: a

Complete each of the following sentences: a

Economics

Complete each of the following sentences:

a. The income elasticity of demand measures, for a given price, the in quantity demanded divided by the income from which it resulted.

b. If a decrease in the price of one good causes a decrease in demand for another good, the two goods are _.

c. If the value of the cross-price elasticity of demand between two goods is approximately zero, they are considered .

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