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WASSCE
The table below shows the various incomes and demand for different commodities
Calculate the income elasticity between A and B
Leave your answer in two decimal places 'ab.cd'
| Income ₦ | Quantity Demanded (Kg) |
| A 20,000 | 120 |
| B 36,000 | 96 |
| C 40,000 | 160 |
| D 44,000 | 200 |
| E 45,000 | 240 |
| F 47,000 | 252 |
Calculate the income elasticity between A and B
Leave your answer in two decimal places 'ab.cd'
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