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Title: Demand is income elastic if Post by: Lauren1 on Nov 11, 2014 Demand is income elastic if
A) a large percentage increase in income results in a small percentage increase in quantity demanded. B) a small percentage increase in income results in a large percentage increase in quantity demanded. C) an increase in income does not affect the quantity demanded. D) the good in question has close substitutes. Title: Re: Demand is income elastic if Post by: MrDereche on Nov 14, 2014 Content hidden
Title: Re: Demand is income elastic if Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: Demand is income elastic if Post by: MrDereche on Nov 17, 2014 You're welcome!
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