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When Her Income Increases from $10,000 to $20,000,as Shown in the Accompanying

Question 71

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When her income increases from $10,000 to $20,000,as shown in the accompanying table,Marguerite increases the quantity demanded from 3 to 7 rolls at a price of $3.From the midpoint method,income elasticity of demand for sushi is: When her income increases from $10,000 to $20,000,as shown in the accompanying table,Marguerite increases the quantity demanded from 3 to 7 rolls at a price of $3.From the midpoint method,income elasticity of demand for sushi is:   A) 0.67. B) 1.20. C) 1.33. D) 0.83. E) 0.50.


A) 0.67.
B) 1.20.
C) 1.33.
D) 0.83.
E) 0.50.

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