Calculate your income demand elasticity of demand as your income increases from $10,000 to $12,000 at the price of an apple of $6. Explain the result.

Essentials of Economics (MindTap Course List)
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Chapter5: Elastic And Its Application
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Q3) Calculate your income demand elasticity of demand as your income increases from $10,000 to $12,000 at the price of an apple of $6. Explain the result. 

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