Business, 01.04.2020 01:31, hervinlouis014

When Judy's income increased from $400 to $440 a week, she increased her demand for concert tickets by 15 percent and decreased her demand for bus rides by 20 percent.
Calculate Judy's income elasticity of demand for concert tickets and bus rides.

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When Judy's income increased from $400 to $440 a week, she increased her demand for concert tickets...