Solved: An individuals income rises from 80000 per year to 84000, Basic Computer Science

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An individuals income rises from 80000 per year to 84000

An individual's income rises from $80,000 per year to $84,000 per year, and as a consequence the person's purchases of movie downloads rise from 48 per year to 72 per year. What is this individual's income elasticity of demand? Are movie downloads a normal or inferior good. I know the movies are a normal good.

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Basic Computer Science: An individuals income rises from 80000 per year to 84000

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Basic Computer Science: An individuals income rises from 80000 per year to 84000

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