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Study table 5.1 below and answer the question that follows Table 5.1 A. -0.8% B. -2% Average weekly pocket money for sen
Posted: Wed Jul 06, 2022 6:32 pm
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- Study Table 5 1 Below And Answer The Question That Follows Table 5 1 A 0 8 B 2 Average Weekly Pocket Money For Sen 1 (373.83 KiB) Viewed 16 times
Study table 5.1 below and answer the
question that follows Table 5.1 A. -0.8% B. -2% Average weekly pocket money for senior primary kids Cornetto ice cream is a popular snack bought by kids in senior primary school. Cornetto's income elasticity of demand is estimated to be -0.1. Calculate the percentage change in quantity demanded for Cornetto ice cream between 2020 and 2021, ceteris paribus: C. -2.5% 2020 D. -25% R7 2021 R8.75