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 DVDs last year when his income was $ and he buys DVDs this year when his income is $ then his income elasticity of demand is Jack
a ; inferior which means that DVDs are an
b ; normal
c ; normal
d ; inferior
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