Which demand is income elastic which is income inelastic


A survey found that when incomes increased by 10 percent, the following changes in quantities demanded occurred: spring water up by 5 percent; sports drinks down by 2 percent; cruises up by 15 percent. Which demand is income elastic? Which is income inelastic? Which are normal goods?

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Econometrics: Which demand is income elastic which is income inelastic
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