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6. Suppose ]anice buys the following amounts of various food items depending on her weekly income: Weekly Income -M Ice Cream Sundaes 1. Compute Ianice's
6. Suppose ]anice buys the following amounts of various food items depending on her weekly income: Weekly Income -M Ice Cream Sundaes 1. Compute Ianice's income elasticity of demand for hamburgers. 2. Compute Ianice's income elasticity of demand for pizza. 3. Compute Janice's income elasticity of demand for ice cream sundaes. 4. Classify each good as normal or inferior
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