Business, 28.02.2020 19:17, pkot3409

Tonya consumes 10 boxes of ramen noodles a year when her yearly income is $40,000. After her income falls to $30,000 a year, she consumes 40 boxes of ramen noodles a year. Calculate her income elasticity of demand for ramen noodles.

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Tonya consumes 10 boxes of ramen noodles a year when her yearly income is $40,000. After her income...