Solved

When Erika's Income Increases by 6 Percent,her Demand for Tickets

Question 88

Multiple Choice

When Erika's income increases by 6 percent,her demand for tickets to professional hockey games increases by 3 percent.Erika's demand for tickets is income ________.For Erika,hockey tickets are ________ good.


A) elastic;a normal
B) inelastic;an inferior
C) elastic;an inferior
D) inelastic;a normal
E) inelastic;a normative

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q83: The income elasticity of demand is largest

Q84: A good has an income elasticity of

Q85: This winter France had unusually cold weather.Next

Q86: If a 10 percent increase in income

Q87: Demand will be more elastic the<br>A)lower the

Q89: If a 10 percent increase in price

Q90: When the price of a t-shirt is

Q91: When the price of good A rises

Q92: When a good has a vertical demand

Q93: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5272/.jpg" alt=" Figure 4.1.4 -Figure