Blake eats two bags of potato chips each day. blake's hourly wage increases from $8 to $15, and he decides to stop eating generic chips and instead eats a name brand potato chip. use the midpoint method to calculate blake's income elasticity of demand for generic potato chips round your answer to 2 decimal places. the good isa. a normal good and income-elasticb. a normal good and income-inelasticc. an inferior good

im confused need to go into details plz thx

answerbuying in bulk;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.