When Income Increases from $20,000 to $30,000 the Number of Home

question 30

Multiple Choice

When income increases from $20,000 to $30,000 the number of home delivered pizzas per year increases from 22 to 40.The income elasticity of demand for home delivered pizza equals

• A) 1.45.
• B) 0.69.
• C) 0.58.
• D) 0.40.
• E) 2.86.

---

Definitions:

Race

A social construct used to categorize humans based on physical characteristics, such as skin color, facial features, and ancestry.

Gender

A social construct that encompasses the roles, behaviors, activities, and attributes that a given society considers appropriate for men, women, and non-binary individuals.

Racialized

The process by which societies construct races as different and inherently inferior or superior to others, leading to discrimination and social disparities.

Growing Food

The practice of cultivating vegetables, fruits, grains, and other edible plants for the purpose of consumption.