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When Alex's income increased from $6,000 to $8,000, he increased his consumption of bagels from 3 to 7 a month and decreased his consumption of
When Alex's income increased from $6,000 to $8,000, he increased his consumption of bagels from 3 to 7 a month and decreased his consumption of donuts from 12 to 6 a month Calculate Alex's income elasticity of demand for bagels and donuts >>> Answer to 2 decimal places >>> If your answer is negative, include a minun sign. If your answer is pooltive, do not include a plus sign Alex's income elasticity of demand for bagels is 1.75
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