(Table: Market for Pizza) If Income Changes from $1,000 to $1,400

question 20

Multiple Choice

(Table: Market for Pizza) If income changes from $1,000 to $1,400 per month, the income elasticity of demand at a price of $10 per pizza is:

• A)0.33
• B)0.57
• C)0.95
• D)1.73

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