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Question 3 Suppose that Janice buys the below amounts of various food items depending on her annual income. Annual Hamburgers Pizza Ice Cream Income Sundae

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Question 3 Suppose that Janice buys the below amounts of various food items depending on her annual income. Annual Hamburgers Pizza Ice Cream Income Sundae $29,316 898 416 759 $41,530 524 934 759 a) Calculate the income elasticity of demand for each good. '0) Use the calculated elasticity to identify whether each good is nonnal or inferior by typing "inferior", "normal", or "unrelated\

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