Multiple Choice
Brenna's income elasticity of demand for football tickets is 1.5.All else equal,if her income increases by 18 percent,how many more football tickets will she buy
A) 18 percent more football tickets
B) 27 percent more football tickets
C) 46 percent more football tickets
D) 150 percent more football tickets
Correct Answer:
Verified
Correct Answer:
Verified
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