When alexs income was 3000 he bought 4 bagels and 12 donuts


When Alex's income was $3000, he bought 4 bagels and 12 donuts a month. Now hus income is $5000 and he buys 8 bagels and 6 donuts a month.

Calculate Alex's income elasticity of demand for

a. Bagel

b. Donuts

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Business Economics: When alexs income was 3000 he bought 4 bagels and 12 donuts
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