The increase in the demand for widgets, shown in the figure above, is the result of an increase in people's incomes from 28,500 per year to 31,500 per year. Therefore, the income elasticity of demand for widgets is
A) 0.25.
B) 0.75.
C) 1.33.
D) 4.00.
Question 2
The figure above shows Sam's budget line. Which of the following would result in Sam's budget line rotating outward and not changing its horizontal intercept?
A) a fall in the price of a pound of coffee
B) a rise in the price of a pound of coffee
C) a fall in the price of a gallon of gasoline
D) a rise in the price of a gallon of gasoline
The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing
Mobilize the joints in the hand. Follow with figure-8s at the knuckles and scissoring the ...
Integrative recombination in phage l: DNA bending by IHF, shown by X-ray crystallography
Growth in the demand for oil from the developing world
Figure and Ground
Incomplete dominance shown in the flower color of snapdragons