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Business, 03.03.2020 02:55 dannariushartman

Becky only eats out at Macaroni Grill, and she eats out three times per month. She receives a raise from $31,900 per year to $33,500 per year and decides to eat out five times per month. Use the midpoint method to calculate the monthly income elasticity of demand for eating out. Round your answer to two decimal places. units units This good is a normal good and income-inelastic. an inferior good. a normal good and income-elastic.

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Becky only eats out at Macaroni Grill, and she eats out three times per month. She receives a raise...
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