Table 5-6 -Refer to Table 5-6.Using the Midpoint Method,what Is the Income

question 418

Multiple Choice

Table 5-6

-Refer to Table 5-6.Using the midpoint method,what is the income elasticity of demand for good X?

• A) -3.5
• B) -0.29
• C) 0.29
• D) 3.5

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