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Nancy's Income Has Just Risen from $950 Per Week to $1,050

Question 57

Multiple Choice

Nancy's income has just risen from $950 per week to $1,050 per week. As a result, she decides to double the number of movies she attends each week. Nancy's demand for movies is


A) income elastic.
B) positively cross inelastic.
C) price elastic.
D) income inelastic.
E) price inelastic.

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