Joan's income has just risen from $940 per week to $1,060 per week. As a result, she decides to purchase 12 percent more lettuce per week. The income elasticity of Joan's demand for lettuce is
A) 0.75.
B) 0.90.
C) 1.00.
D) 1.33.
C
Economics
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Alternative approaches for reducing carbon dioxide emissions are
A) carbon taxes and carbon trading. B) carbon trading and carbon subsidies. C) carbon taxes and carbon scrubbing. D) burning low carbon coal and deforestation.
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Identify changes in three variables that would cause the FE line to shift to the right
What will be an ideal response?
Economics