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Use the Table Below to Answer the Following Questions

Question 150

Multiple Choice

Use the table below to answer the following questions.
Table 4.2.2
Use the table below to answer the following questions. Table 4.2.2 -Refer to Table 4.2.2. The income elasticity of demand for Jolt is A) +0.67. B) -0.67. C) +1.5. D) -1.5. E) It cannot be calculated because the price of Coke is not constant.
-Refer to Table 4.2.2. The income elasticity of demand for Jolt is


A) +0.67.
B) -0.67.
C) +1.5.
D) -1.5.
E) It cannot be calculated because the price of Coke is not constant.

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