Multiple Choice
Danita rescues dogs from her local animal shelter.When Danita's income rises by 7 percent,her quantity demanded of dog biscuits increases by 12 percent.For Danita,the income elasticity of demand for dog biscuits is
A) negative,and dog biscuits are a normal good.
B) negative,and dog biscuits are an inferior good.
C) positive,and dog biscuits are an inferior good.
D) positive,and dog biscuits are a normal good.
Correct Answer:
Verified
Correct Answer:
Verified
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