If your income goes down by 15 percent and you cut back on your manicures by 25
Question:
If your income goes down by 15 percent and you cut back on your manicures by 25 percent, then your demand for manicures is . ( LO4 )
a) income elastic
b) income inelastic
c) income elastic and income inelastic
d) neither income elastic nor income inelastic
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: