Business, 18.02.2020 01:55 damian11154

Becky only eats out at Macaroni Grill and eats out 3 times per month. She receives a raise fro $31,900 to $33,500 and decided to eat out 5 times per month. Use the midpoint method to calculate the monthly income elasticity of demand for eating out.

This good is

A. A normal good and income elastic.
B. A normal good and income in-elastic
C. An inferior good

Answers: 2

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Becky only eats out at Macaroni Grill and eats out 3 times per month. She receives a raise fro $31,9...

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