Given the above equation, the income elasticity of demand for noodles is ____

Author Question: Given the above equation, the income elasticity of demand for noodles is _____. a. 5 b. 0.5 c. 2 ... (Read 57 times)

ahriuashd

Hero Member
Posts: 535

on: Jun 30, 2018

Given the above equation, the income elasticity of demand for noodles is _____.
a. 5
b. 0.5
c. 2
d. 2.5
e. 1.6

Question 2

In the short run, all costs are variable.
a. True
b. False
Indicate whether the statement is true or false

lucas dlamini

Sr. Member
Posts: 327

Reply #1 on: Jun 30, 2018

Answer to Question 1

a

Answer to Question 2

False

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