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OpenStudy (anonymous):
Can anyone please help me with an econ question or two?!
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OpenStudy (anonymous):
I can try. Whatcha got?
OpenStudy (anonymous):
Thank you! The income elasticity of demand for vacations is 5. If incomes increase by 3% next year, the quantity of vacations demanded at today's price will increase by ________%. A. 3 B. 15 C. 5/3 D. 5
OpenStudy (anonymous):
...I don't actually know. I'll see if I can find someone to help you
OpenStudy (angela210793):
the right answer is option B |dw:1329662772841:dw|
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