If a consumer doubles her quantity of ice cream consumed 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.

B

Economics

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In 2014, ________ of the uninsured were younger than age 35

A) about 10 percent B) less than one-third C) over half D) almost 85 percent

Economics

The present value of a payment to be made in the future falls as

a. the interest rate rises and the time until the payment is made increases. b. the interest rate rises and the time until the payment is made decreases. c. the interest rate falls and the time until the payment is made increases. d. the interest rate falls and the time until the payment is made decreases.

Economics