Waec Model Questions Vol1 2019 Economics Question 30
Practice objective / multiple choice question 30 from the 2019 Waec Model Questions Vol1 Economics examination.
When consumers' average monthly income rises from ₦20,000 to ₦25,000, the quantity demanded of good Z increases from 150 units to 210 units. Compute the income elasticity of demand for good Z.
Answer Options
About This Question
This is Waec Model Questions Vol1 2019 Economics Question 30. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Economics examination.
Difficulty level: Easy .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.