Business, 18.02.2020 17:41 thelonewolf5020
When Judy's income increased from $200 to $240 a week, she increased her demand for concert tickets by 20 percent and decreased her demand for bus rides by 20 percent. Calculate Judy's income elasticity of demand for concert tickets and bus rides.
Answers: 3
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When Judy's income increased from $200 to $240 a week, she increased her demand for concert tickets...
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