Her father is Robert Ellis Silberstein (Jewish). Her mother is Diana Ross (African-American).
If the cross price elasticity is positive, then we call such goods Substitutes (example: pizza and burgers -- you usually consume either or). The income elasticity of demand measures the change in the quantity demanded of some good, when the income changes, holding everything else constant.For example you can measure what happens to the demand for expensive red wine when income increases.f the cross price elasticity is positive, then we call such goods Substitutes (example: pizza and burgers -- you usually consume either or). The income elasticity of demand measures the change in the quantity demanded of some good, when the income changes, holding everything else constant.
Chapter 20: Elasticity of Demand and Supply Use the following to answer questions 73-75: Type: G Topic: 2 E: 361 MI: 117 73. Refer to the above diagram. If price falls from $10 to $2, total revenue: A) rises from A + B to A+ B + D + C and demand is elastic.