Use the Table Below to Answer the Following Questions

question 9

Multiple Choice

Use the table below to answer the following questions.
Windsurfing equipment rents for $10 per hour and snorkeling equipment rents for $5 per hour.
Table 8.2.1

-Consider Devon's total utility from snorkeling and windsurfing in Table 8.2.1. Suppose that Devon's total income rises from $35 to $55, ceteris paribus. Given that Devon changes his choice of windsurfing and snorkeling, what is his income elasticity for windsurfing?

• A)zero
• B)28.6
• C)44.4
• D)0.64
• E)1.55

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Definitions:

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Relating to the ability to perceive, analyze, and understand visual information in the space around us.

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Activities or problems requiring the use of mathematics to solve, including calculation, logic, and understanding mathematical concepts.

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A process or method that has been made consistent and uniform across different instances or applications.

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Shared expectations or rules of behavior that reflect and enforce values within a social group or culture.