When average consumer income increased by 6%, BakeCo oven cleaner sales increased from 21,000 units to 22,500
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When average consumer income increased by 6%, BakeCo oven cleaner sales increased from 21,000 units to 22,500 units. Given this information,what is income elasticity for BakeCo oven cleaner ?
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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