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Consider the following table of demandsPlasma TVs, LCD TVs, and DVD players for income levels $1000 and $1100. What is the income elasticity of demand

Consider the following table of demandsPlasma TVs, LCD TVs, and DVD players for income levels $1000 and $1100.

What is the income elasticity of demand for Plasmas as income increases from $1000 to $1100?(Note: Write the answer in decimalform.Include minus sign if answer is negative.)

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QUESTION 13 Consider the following table of demands Plasma TVs, LCD TVs, and DVD players for income levels $1000 and $1100. What is the income elasticity of demand for Plasmas as income increases from $1000 to $1100? (Note: Write your answer in decimal form. Include minus sign if answer is negative.) Income=$1000 Income=$1100 Plasmas Demanded 100 50 LCDs Demanded 50 75 DVD Players Demanded 200 150

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