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(15) APP that it does the price from eller 180 6 10 wing the meet hoe om Pina (10 pos) Suppose that there come by

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(15) APP that it does the price from eller 180 6 10 wing the meet hoe om Pina (10 pos) Suppose that there come by 10 A whics by Note that of the synonym you in this question po liculate the income elasticity of demand for As's Para Sp) Bused on the lasticity you calculated and promater inferior Whe 6 (10 pts) Jake is a retired teacher who lives in New York City and does some consulting work for extra cash Ata wage of $60 per hour, he is willing to work 7 hours per week. At $75 per hour, he is willing to work 10 hours per week Using the midpoint method, what is the price elasticity of supply for Jake's labor? 7. (10 pts) If you calculated the cross-price elasticity between widgets and cogs to be -1.5. If you increased the price of widgets, would the demand for cogs increase or decrease? 6. Are widgets and cogs complements or substitutes

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