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pattytcakes pattytcakes
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A year ago
Other Demand Elasticities

When Aasir gets a 53% raise, he increases his purchase of donuts by 23%. Aasir's income elasticity of demand for donuts is ________. For Aasir, donuts are a ________ (normal/inferior) good. Round your final answer to two decimal places.

▸ 2.3, normal

▸ 0.43, normal

▸ 0.43, inferior

▸ 0, inferior
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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capsy2capsy2
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A year ago
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