(Table: Prices,Quantity Demanded,and Income for Jeremy)Use Table: Prices,Quantity Demanded,and Income for Jeremy.Between the two years listed,by the midpoint method,Jeremy's income elasticity of demand for coffee equals _____ and doughnuts are a(n)_____ good.
A)0.20;inferior
B)2;normal
C)2;inferior
D)0.20;normal

Question

(Table: Prices,Quantity Demanded,and Income for Jeremy)Use Table: Prices,Quantity Demanded,and Income for Jeremy.Between the two years listed,by the midpoint method,Jeremy's income elasticity of demand for coffee equals _____ and doughnuts are a(n)_____ good. 
A)0.20;inferior 
B)2;normal 
C)2;inferior 
D)0.20;normal

Quizplus · Accepted Answer

The Answer of (Table: Prices,Quantity Demanded,and Income for Jeremy)Use Table: Prices,Quantity Demanded,and Income for Jeremy.Between the two years listed,by the midpoint method,Jeremy's income elasticity of demand for coffee equals _____ and doughnuts are a(n)_____ good. 
A)0.20;inferior 
B)2;normal 
C)2;inferior 
D)0.20;normal