Use the Table Below to Answer the Following Question

question 109

Multiple Choice

Use the table below to answer the following question.
Table 4.2.1
-Consider the information in Table 4.2.1.The income elasticity of demand is

• A)-2.5.
• B)2.5.
• C)-3.33.
• D)3.33.
• E)-1.33.

---

Definitions:

Memory Process

The series of steps that include encoding, storing, and retrieving information.

Retention

The process of storing information.

Recall

The mental process of retrieving information or memories from the past.

Short-Term Memory

A temporary storage system for information in the brain, holding data for brief periods before it's either forgotten or transferred to long-term memory.