Question: Question If Jack bought 1 2 DVDs last year when his income was $ 4 0 , 0 0 0 and he buys 1 4

Question
If Jack bought 12 DVDs last year when his income was $40,000 and he buys 14 DVDs this year when his income is $43,000, then his income elasticity of demand is Jack
q, a.-0.47 ; inferior which means that DVDs are a(n)q,
b.+2.13 ; normal
c.+0.41 ; normal
d.+0.59 ; inferior
Question If Jack bought 1 2 DVDs last year when

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