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【題目】You are an economist for the Taipei City Subway Commission. Presently, t ...
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【題目】 You are an economist for the Taipei City Subway Commission. Presently, the price of a subway ride is $80, and 250,000 seats are filled weekly. The income elasticity of demand is -0.60. If a recession lowered area incomes by 5％, how many additional seats per week would the subway need?
1,000 seats.
7,500 seats
1,500 seats
5,000 seats
1,000 seats.
7,500 seats
1,500 seats
5,000 seats
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