Business, 10.10.2019 01:30 conniehodson
As the average hourly wage increases from $18 per hour to $20 per hour, the quantity of frozen dinners demanded decreases from 3,550 to 3,350. what is the income elasticity of demand for frozen dinners? round your answer to the nearest hundredth. your answer may be a positive or negative number.
Answers: 1
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As the average hourly wage increases from $18 per hour to $20 per hour, the quantity of frozen dinne...
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