Quartity (fruit snacks) h the figure above, which movement reflects an increase in demand? Price (dolars per fruit snack)

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Q: Income of a person is Rs.8000 and he uses 60 units of a commodity.   Calculate income elasticity…

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A: P0 = 4 P1 = 3 % change in Quantity = 80% % Change in Price =  28.5%

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