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07-06-2024
Business

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A firm calculated that the income elasticity of demand for its signature product was equal to (+)0.87. Based on this information, we can say that the firm's product is:
a. A substitute good
b. A complementary good
c. An inferior good
d. A normal good

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mr carlos buys 1,080 apples. 1/9 of the apples are rotten. he sells the rest at $2 for 10 apples. how much does he earn from the sale

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mr carlos buys 1,080 apples. 1/9 of the apples are rotten. he sells the rest at $2 for 10 apples. how much does he earn from the sale

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