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    If a Consumer Doubles Her Quantity of Ice Cream Consumed
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If a Consumer Doubles Her Quantity of Ice Cream Consumed

Question 32

Question 32

Multiple Choice

If a consumer doubles her quantity of ice cream consumed when her income rises by 25%,then her income elasticity of demand for ice cream is


A) 8.0.
B) 4.0.
C) .25.
D) .08.

Correct Answer:

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