If a 6 Per Cent Increase in Income Leads to a 4

question 222

Multiple Choice

If a 6 per cent increase in income leads to a 4 per cent increase in quantity demanded for audio books, what is the income elasticity of demand?

• A)-0.67.
• B)0)67.
• C)1)5.
• D)2)

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Definitions:

Testes Growth

The process of maturation and enlargement of the testes, which is a primary indicator of male puberty.

Primary Sex

Characteristics are the main sexual traits individuals are born with, such as ovaries in females and testes in males, determining biological sex.

Breast Enlargement

A surgical procedure to increase the size and/or alter the shape of a woman's breasts for cosmetic or medical reasons.

Pubic Hair

Body hair that grows in the genital region following puberty; a secondary sexual characteristic signaling sexual maturity.