Jetjay232 Jetjay232
  • 07-03-2024
  • Business
contestada

if consumers always spend 15 percent of their income on clothing, then the income elasticity of demand for clothing is ________.
a. 0.15
b. 1.00
c. 1.15
d. 1.50

Respuesta :

Otras preguntas

Tim buys a high-powered tool from binford tools to use on the construction of his own garage. binford tools provides a full warranty on the tool for the first s
The two figures are similar. a) Write the similarity statement. b) Is the image of the dilation a reduction or an enlargement of the original figure? Explain. c
Find the volume of the pyramid
given vectors u = -9i + 8j and v= 7i + 5j find 2u -6v in terms of unit vectors i and j
What is one result of the structure of the inner mitochondrial membrane?
Refer to Exhibit 25-7. A monopolistic competitive firm earns a total profit of __________ when it produces and sells 20 units of its good. Group of answer choic
How can the environment affect identical twins making them different?
any answers pls?? 20 points.
How might microevolution have occurred in a population of wading birds after only one very rainy season? A. The allele frequency for long legs increased. B. A n
How is mechanical weathering different from chemical weathering?