If the demand for fast-food rises as a result of lower income, we would say fast-food is an inferior good
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If a consumer increases her quantity of ice cream consumed by 100% when her income rises by 25%, then her income elasticity of demand for ice cream is
A) 8.0. B) 4.0. C) .25. D) .08.
Economics
_________ is the ability to recognize and identify another's feelings by putting oneself in that person's place
a. Empathy b. Critical listening c. Reflective listening d. Pleasurable listening
Economics