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Other Fields Homework Help Economics Topic started by: djsmyers on Nov 12, 2017



Title: If the income elasticity of hamburgers is -0.8 for John, then his share of income spent on ...
Post by: djsmyers on Nov 12, 2017
If the income elasticity of hamburgers is -0.8 for John, then his share of income spent on hamburgers will ________ when his income increases.
A) increase
B) decrease
C) remain the same
D) Not enough information


Title: Re: If the income elasticity of hamburgers is -0.8 for John, then his share of income spent on ...
Post by: unExpected on Nov 12, 2017
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