If consumers always spend 15 percent of their income on food, then the income elasticity of demand for food is O a. 0.15
O b. 1.00
O C. 1.15.
O d. 1.50.
O e. none of the above.

Do some research and find a city that has experienced population growth. determine its population on january 1st of a certain year. write an exponential function to represent the city’s population, y, based on the number of years that pass, x after a period of exponential growth. describe the variables and numbers that you used in your equation.

Adeposit of 5500 at 6% for 3 years equals

Astocks price gained 3% in april and 5% in may and then lost 4% in june and 1% in july during which month did the stocks price change the most