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Stevens income decreased from $1,800 a month to $1,200 a month when he went back to school. As a result, he cut back on trip

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Income elasticity of demand by Mid-point Methad :- Tit Il I IEDE 92-9, 9, tah X 2 (I2-I ) Where; 9,- initial quantity demandIED 10-15 1800t 1200 2 (1 lotis 2 1200-1800 1500 - 10 25 X - 600 150 a 150 IED I 1 (CIL

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