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Research by Luo and Song showed that, in rural China from 2003 to at least 2008, income elasticity of consumer demand for food was slightly less than 1, meaning that the overall growth rate of consumer demand for food was __________.
Research by Luo and Song showed that, in rural China from 2003 to at least 2008, income elasticity of consumer demand for food was slightly less than 1, [ meaning that the overall growth rate of consumer demand for food was: slightly less than the growth rate of income. ]
Expert answered|Jerrald@22|Points 25736|
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Asked 3/5/2023 9:34:30 PM
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