w Auth Bb ECON Bb https:/ Course Course Course Course Search Search ChatG Skater x Google y! columi |CS Colum Bb My Gra Bb | 41 X E Bb ECON + C courses.cscc.edu/bbcswebdav/pid-19995537-dt-content-rid-40737254_1/institution/ECON-2200/Scott%20Hunt/ECON_2200_CE13_IncomeElasticity_V103%20... What is the change in quantity demand of Flu Shots? Instructions: O Answer all of the questions What is the average quantity demanded of Flu Shots? provided on the left. O Use the text entry and What is the change in income? drop-down boxes next to each question to enter or select answers. What is the average income? O Consider the following values in table below when What is the Income Elasticity for Flu Shots? Use the midpoint answering questions. formula. Supply your answer out to two decimal points. Q0 = 33 Yo = 70000 In this case, the Income Elasticity you solved for indicates that Flu Shots is: Q1 = 1 Y1 = 30000 Normal Good v O Click/tap CHECK ANSWERS button to check your answers. COLUMBUS STATE CHECK ANSWERS BACK NEXT COMMUNITY COLLEGEw Auth Bb ECON Bb https:/ Course Course Course Course Search Search ChatG Skater x Google y! columb |CS Colum Bb My Gr: Bb | 41 X Bb ECON + C courses.cscc.edu/bbcswebdav/pid-19995537-dt-content-rid-40737254_1/institution/ECON-2200/Scott%20Hunt/ECON_2200_CE13_IncomeElasticity_V103%20... Lesson Objectives . Students will be able to use the midpoint formula to determine the Income of Elasticity. . Students will be able to use the midpoint formula to determine the Income of Elasticity. COLUMBUS STATE BACK NEXT COMMUNITY COLLEGE