Question: The demand for tables is given by Qd = 200 - 2P + Y, where Y is income. The supply of tables is given by

The demand for tables is given by Qd = 200 - 2P + Y, where Y is income. The supply of tables is given by Qs = 40 + 3P. It income is $20, what is the income elasticity of demand for tables at equilibrium? Seed one OA 746 . 00

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