This BBC article says demand for cosmetic surgery is shrinking
http://news.bbc.co.uk/1/hi/england/cambridgeshire/7809614.stm
a) Explain why believe demand for cosmetic surgery is a normal good
b) Based on the artyicle, state 2 things would you expect to be the case if you calculated the income elasticity of demand for cosmetic surgery
Sunday, January 04, 2009
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