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While in College,Marty and Laura Each Buy 15 Bus Tickets

Question 280

Multiple Choice

While in college,Marty and Laura each buy 15 bus tickets per month.After they graduate and have full-time jobs,Marty buys 0 bus tickets per month and Laura buys 28 bus tickets per month.Comparing income elasticity of demand for bus tickets,Marty's


A) is negative,and Laura's is positive.
B) is positive,and Laura's is negative.
C) is zero,and Laura's is positive.
D) is zero,and Laura's is negative.

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