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Ernest's income elasticity of demand for natural gas is 0.4. His price elasticity of demand for natural gas is -0.3 ; and he spends 10% of his income on natural gas. What is his substitution price elasticity?
选项：

A:-0.26
B:-0.34
C:-0.2
D:-0.12

发布时间：2024-04-05 23:24:36

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Ernest's income elasticity of demand for natural gas is 0.4. His price elasticity of demand for natural gas is -0.3 ; and he spends 10% of his income on natural gas. What is his substitution price elasticity?选项： A:-0.26 B:-0.34 C:-0.2 D:-0.12

Ernest's income elasticity of demand for natural gas is 0.4. His price elasticity of demand for natural gas is -0.3 ; and he spends 10% of his income on natural gas. What is his substitution price elasticity?
选项：

A:-0.26
B:-0.34
C:-0.2
D:-0.12