Determine the percentage change in demand

Reference no: EM1356754

If there has been a 10 percent increase in consumer income between two periods, what was the percentage change in the demand for foreign travel? For tobacco products? For Flour?

Commodity Income Elasticity
Flour -0.36
Cigarettes 0.50
European Cars 1.93
Asian Cars 1.65

Reference no: EM1356754

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