What happens to the quantity of gasoline demanded

Reference no: EM133707500

Question: Suppose the income elasticity of gasoline is 0.2. If consumers' incomes rise 10%, what happens to the quantity of gasoline demanded?

Reference no: EM133707500

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What happens to the quantity of gasoline demanded : Suppose the income elasticity of gasoline is 0.2. If consumers' incomes rise 10%, what happens to the quantity of gasoline demanded

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