Question

Kayla and jada are roommates in new york city. both kayla and jada recently received pay raises. kayla now buys more movie tickets than before, but jada buys fewer. kayla behaves as if movie tickets are ________ goods and jada's income elasticity of demand for movie tickets is ________.

Answer 1

Kayla behaves as if movie tickets are normal goods and Jada's income elasticity of demand for movie tickets is negative.