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    Question

    Sonia has decided to always spend one-tenth of her income on shoes. Her income and price elasticities of demand for shoes are

    A income elasticity zero, price elasticity unity Correct Answer Incorrect Answer
    B income elasticity zero, price elasticity zero Correct Answer Incorrect Answer
    C income elasticity unity, price elasticity unity Correct Answer Incorrect Answer
    D income elasticity unity, price elasticity zero Correct Answer Incorrect Answer

    Solution

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