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

A student sees a newspaper ad for an apartment that has 1330 square feet of floor space. How many square meters of area are there?
Which is not a model according to the scientific definition? a drawing of an atom a light-powered microscope an explanation of how clouds form a map of the worl
when steve cut his hand, his line of defense was broken
Why did President Lincoln feel that the Emancipation Proclamation was necessary?
greatest common factor 33 and 66
every individual getting a concussion demonstrates the same for symptoms.true or false
find the value of f(-8) for the function below.f(x)=8x 5
Please help with number 12 and am I right on 13?
how does the fetus excrete metabolic waste? a.)the umbilical cord carries the metabolic waste from the fetus to the placenta, where it diffuses into the materna
What is the power of 10 that would exceed 987,654,321,098,765,432