X How can you use p X C Chegg Search https://learn.senecacollege.ca/ultra/courses/_666576_1/cl/outline X Course Hero Question Completion Status: U TS.U O 1.0 QUESTION 7 1 point Between prices $3 and $4, the numerical value of the price elasticity of demand is: 0.08 O 7.0 O 0.17 13.0 1.0 8.. Average annual consumer incomes rise from $50 000 to $60 000, pushing up the quantity demanded for cars in a given region from 750 000 to 1.25 million. The numerical value of the income elasticity of cars is therefore: a. 0.33 b. 3.33 *C. 2.75 d. 0.36 e. -0.36 1 points QUESTION 8 Save All Answers Save a submit. Click Save All Answers to save all answers