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Tuyo is an inferior good because its income elasticity of demand is negative, i.e. -1.68. Please reply to my answer. I thank you.
yes, you are right.🎉
Mam need po ba na ang base should be divided into 2? Yung iba po is di na nila kinukuha ang average ng base. Mjo confusing po yung part na yun..
yes, it we should get the average by dividing it into 2.
Since the elasticity is equal to - 1, the demand of fishball is not normal and considered as necessity.
-3.35
its -1.65, its an inferior good. how did you get -3.35?
hello maam pwede mag ask sa answer sa try this na sample? thank you
Tuyo is an inferior good because its income elasticity of demand is negative, i.e. -1.68. Please reply to my answer. I thank you.
yes, you are right.🎉
Mam need po ba na ang base should be divided into 2? Yung iba po is di na nila kinukuha ang average ng base. Mjo confusing po yung part na yun..
yes, it we should get the average by dividing it into 2.
Since the elasticity is equal to - 1, the demand of fishball is not normal and considered as necessity.
-3.35
its -1.65, its an inferior good. how did you get -3.35?
hello maam pwede mag ask sa answer sa try this na sample? thank you