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1:05 71 Q Price (no. of ($) tickets) 120 0 110 100 100 200 90 300 80 400 70 500 60 600 50 700 40

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1:05 71 Q Price (no. of ($) tickets) 120 0 110 100 100 200 90 300 80 400 70 500 60 600 50 700 40 800 30 900 20 1000 10 1100 0 1200 TABLE 4-2 Refer to Table 4-2. Using the data provided to plot the demand curve for ski tickets results in a demand curve. Price elasticity along this demand curve is therefore as price is falling. mycc.coquitlamcollege.comMarked out of 1.00 Flag question If the income elasticity of demand for a good is 1.25, a 10% increase in income results in O a. There is not enough information to answer this question. O b. a 12.5% increase in the quantity demanded. O c. a 125% increase in the quantity demanded. O d. a decrease in quantity demanded. O e. a 12.5% decrease in the quantity demanded

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