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单选题 编号:2690385
1. A demand function for air conditioners is given by:
= 10,000-2 + 0. 0004 income + 30 -4 . At current average prices, an air conditioner costs 5,000 yen, a fan costs 200 yen, and electricity costs 1,000 yen. Average income is 4,000,000 yen. The income elasticity of demand for air conditioners is closest to:
  • A.0.0004.
  • B.0.444.
  • C.40,000.

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