What effect of a simultaneous ten percent increase in price, Microeconomics

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What effect of a simultaneous ten percent increase in price

Problem

If the price elasticity of demand is -0.5 and the income elasticity is +0.3, then what will be the effect of a simultaneous 10 percent increase in price and a 10 percent increase in income on health expenditures?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What effect of a simultaneous ten percent increase in price

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