Now his income is 5000 and he buys 8 bagels and 6 donuts a


When Alex's income was $3,000, he bought 4 bagels and 12 donuts a month. Now his income is $5,000 and he buys 8 bagels and 6 donuts a month. Calculate Alex's income elasticity of demand for (a) bagels and (b) donuts

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Business Economics: Now his income is 5000 and he buys 8 bagels and 6 donuts a
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