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NARRBEGIN: Exhibit 5-21 Exhibit 5-21

Question 10

Multiple Choice

NARRBEGIN: Exhibit 5-21
Exhibit 5-21
NARRBEGIN: Exhibit 5-21 Exhibit 5-21 -Use the information in Exhibit 5-21 to calculate the value of income elasticity of demand for Good A. A) 1 B) 2/9 C) 3/11 D) 11/3 E) 9/2
-Use the information in Exhibit 5-21 to calculate the value of income elasticity of demand for Good A.


A) 1
B) 2/9
C) 3/11
D) 11/3
E) 9/2

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