(Table: Johnson's Income and Expenditures) Look again at the table Johnson's Income and Expenditures.Johnson's income elasticity of demand for magazines is:
A.negative.
B.0.
C.greater than 0 but less than 1.
D.1.

Question

(Table: Johnson's Income and Expenditures) Look again at the table Johnson's Income and Expenditures.Johnson's income elasticity of demand for magazines is: 
A.negative.
B.0.
C.greater than 0 but less than 1.
D.1.

Quizplus · Accepted Answer

The Answer of   (Table: Johnson's Income and Expenditures) Look again at the table Johnson's Income and Expenditures.Johnson's income elasticity of demand for magazines is: 
A.negative.
B.0.
C.greater than 0 but less than 1.
D.1.

(Table: Johnson's Income and Expenditures) Look Again at the Table