how to improve What is the income elasticity of car as per capital income increases from, $10,000 to $11,000? The demand for car as a function of income per capital is given by the equation. Q= 50,000 +5(y).

1. What is the income elasticity of car as per capital income increases from, $10,000 to $11,000? The demand for car as a function of income per capital is given by the equation. Q= 50,000 +5(y).