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question 3 there isn't any missing information this is all that is given Practice similar Practice similar < Previous Next Kevin has an initial income

question 3 there isn't any missing information this is all that is given

image text in transcribed Practice similar

Practice similar < Previous Next Kevin has an initial income of $1030, a final income of $1120; initialy consumed 11 cups of pepsi per week and now consumes 20 cups of pepsi per week. Indicate whether the changes are positive or negative and keep 2 decimals. What is the percentage change in income? What is the percentage change in quantity? What is the Income Elasticity of Demand? In this example, is pepsi a normal or an inferior good?. ONormal Good Olnferior Good

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