Multiple Choice
Table 5.7
-Refer to Table 5.7,which shows the change in the quantity demanded for Good A and Good B as a result of a change in income.Use the information to calculate the value of the income elasticity of demand for Good B.
A) -11/17
B) 17/9
C) 10/3
D) -3/10
E) 1
Correct Answer:

Verified
Correct Answer:
Verified
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