Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
djsmyers djsmyers
wrote...
Go to Answer
Posts: 764
Rep: 5 0
6 years ago
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
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 85 times
1 Reply
Replies
Answer verified by a subject expert
unExpectedunExpected
wrote...
#1
Posts: 267
Rep: 21 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
* Majoring in business & math

Related Topics

djsmyers Author
wrote...

6 years ago
this is exactly what I needed
byehoe
wrote...

Yesterday
Brilliant ツ
nicolepope23
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1252 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 569
  
 621
  
 156
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Should Ph.D.'s be addressed as doctors?