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Mail - Jacob Ross - X Bb Interactives - Princ Microeconomics X ECON 2200 Cross X ECON 2200 Incom X ECON 2200 Elastic X Homework Help X + X CO oh-cr-materials-01.s3.amazonaws.com/deis/ECON-2200-Microeconomics/econ_2200_ce_13_IncomeElasticity/index.html M . . . Bb Blackboard Learn CS CougarWeb Sign in to Outlook Sign in to Outlook y Yahoo - login C Get Homework Hel... Learning tools & fla... ACCT 1211 : Financi Login to Medical M... What is the change in quantity demand of Shirts? Instructions: O Answer all of the questions What is the average quantity demanded of Shirts? provided on the left. O Use the text entry and What is the change in income? drop-down boxes next to each question to enter or select answers. What is the average income? O Consider the following values in table below when What is the Income Elasticity for Shirts? Use the midpoint answering questions. formula. Supply your answer out to two decimal points. Q0 = 16 Yo = 55000 In this case, the Income Elasticity you solved for indicates that Shirts is: Q1 = 40 Y1 = 70000 Select One: v Select One: Normal Good O Click/tap CHECK ANSWERS Luxury button to check your Inferior Good answers. Necessity JS STATE COMMUNITY COLLEGE CHECK ANSWERS BACK NEXT Type here to search w 12:49 PM 11/5/2020