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When Anna Was Studying at University, She Had a Monthly

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When Anna was studying at university, she had a monthly income of $900 and bought 4 items of second-hand clothing.Now, she is working full-time with a monthly income of $3000.She now buys 20 items of second-hand clothing a month.Compute Anna's income elasticity of demand using the midpoint method.What type of goods are second-hand clothes for Anna?

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The income elasticity of deman...

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