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pirex pirex
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Posts: 634
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6 years ago
If a consumer doubles her quantity of ice cream consumed when her income rises by 25%, then her income elasticity of demand for ice cream is
A) 8.0.
B) 4.0.
C) .25.
D) .08.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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#1
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6 years ago
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pirex Author
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6 years ago
Thanks
aricketts6@
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
erimis
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2 hours ago
Good timing, thanks!
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