When her income increased from $10,000 to $20,000, Heathers consumption of macaroni decreased by 10 pounds to 5 pounds and her consumption of Soy-Burgers increased from 2 pounds to 4 pounds. We can conclude that for Heather,....?

By: Guest
Date: Thu-Feb-2-2012-
Response
0
Macaroni is an inferior good with an income elasticity of -1 and Soy-Burgers are normal goods with an income elasticity of 1.
[d] By: Guest
Date: Thu-Feb-2-2012
Response
What is 1 + 100

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