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Exhibit 5-22 -Use the Information in Exhibit 5-22 to Calculate the Value

Question 171

Multiple Choice

Exhibit 5-22
Exhibit 5-22 -Use the information in Exhibit 5-22 to calculate the value of income elasticity of demand for Good B. A) -11/17 B) 17/9 C) 10/3 D) -3/10 E) 1
-Use the information in Exhibit 5-22 to calculate the value of income elasticity of demand for Good B.


A) -11/17
B) 17/9
C) 10/3
D) -3/10
E) 1

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