question archive If Linda's income decreases by 15% and her expenditure on DVDs increases by 10%,Linda's price elasticity of demand for DVDs is: A
If Linda's income decreases by 15% and her expenditure on DVDs increases by 10%,Linda's price elasticity of demand for DVDs is: A
Subject:EconomicsPrice:2.88 Bought3
If Linda's income decreases by 15% and her expenditure on DVDs increases by 10%,Linda's price elasticity of demand for DVDs is:
A. inelastic
B. positive
C. cannot be determined from the information given
D. unit elastic
E. highly responsive
