What is the amount of S? Answers must be in two decimal places including percentages for example: 12.00; 1.10; 0.37; -0.30; 12% should be 0.12 Your answer What is the amount of M? * Answers must be in two decimal places including percentages for example: 12.00; 1.10; 0.37; -0.30; 12% should be 0.12 Your answer What is T? * Normal Good O Inferior Good

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Income
Classification
Income (Php)
Qd of Good A
%A Qdx
%A Income
Elasticity
of Goods
won
wonn
6,000
100
А
C
15,000
30,000
160
E
F
H
230
J
K
L
45,000
55,000
580
M
P
525
Q
R
Transcribed Image Text:Income Classification Income (Php) Qd of Good A %A Qdx %A Income Elasticity of Goods won wonn 6,000 100 А C 15,000 30,000 160 E F H 230 J K L 45,000 55,000 580 M P 525 Q R
What is the amount of S? *
Answers must be in two decimal places including
percentages for example: 12.00; 1.10; 0.37; -0.30;
12% should be 0.12
Your answer
What is the amount of M? *
Answers must be in two decimal places including
percentages for example: 12.00; 1.10; 0.37; -0.30%3;
12% should be 0.12
Your answer
What is T? *
O Normal Good
O Inferior Good
Transcribed Image Text:What is the amount of S? * Answers must be in two decimal places including percentages for example: 12.00; 1.10; 0.37; -0.30; 12% should be 0.12 Your answer What is the amount of M? * Answers must be in two decimal places including percentages for example: 12.00; 1.10; 0.37; -0.30%3; 12% should be 0.12 Your answer What is T? * O Normal Good O Inferior Good
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