Business, 17.02.2020 19:57 coopera1744

When her income increased from $10,000 to $20,000, Heather's consumption of macaroni decreased from 10 pounds to 5 pounds and her consumption of soy-burgers increased from 2 pounds to 4 pounds. We can conclude that for Heather, macaroni
is an inferior good with an income elasticity of -1 and soy-burgers are normal goods with an income elasticity of 1 T/F

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When her income increased from $10,000 to $20,000, Heather's consumption of macaroni decreased from...

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