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The diffusion of jeans is a good example primarily of the
Monthly Consumption
The total amount of goods and services that consumers purchase and use within a month.
Monthly Income
The total earnings received by an individual or entity on a monthly basis, from sources such as employment, investments, and other income.
Income Elasticity of Demand
Indicates how the quantity demanded of a good changes in response to a change in consumers' income.
Monthly Income
The total amount of earnings received every month from work, investments, benefits, and other sources.
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