Tom always decides to spend one third of his income on clothes. What is the income elasticity of his demand for clothes?
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举一反三
- 中国大学MOOC: A man always sets up his mind on what clothes he needs before his shopping.
- _____________ income refers to the income that one can spend after paying one’s income tax, social security contributions, etc. (dispose)
- For Susie, a 7 percent increase in income results in a 12 percent increase in the quantity demanded of pizza. For Susie, the income elasticity of demand for pizza is_________.
- Ryansaysthathewouldbuyonecupofcoffeeeverydayregardlessoftheprice.Ifheistellingthetruth,Ryan’s A: demand for coffee is perfectly inelastic. B: price elasticity of demand for coffee is 1. C: income elasticity of demand for coffee is 0. D: None of the above answers is correct.
- His clothes look clean though they are old. A: His clothes look clean though they are old. although B: and C: but
内容
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He often his clothes on Sundays.
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His income last month rose______.
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What did the man do with his lost suitcase A: [A] He found his lost suitcase. B: He put all his clothes in his lost suitcase. C: He checked his lost suitcase.
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His main income comes from _cattle.
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2 .What do American college students spend most of their income on