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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: The income elasticity of demand is
Post by: Loraine on Jun 20, 2015
The income elasticity of demand is
A) positive for a normal good.
B) zero for an inferior good.
C) less than one for an income elastic normal good.
D) Only answers A and B are correct.
E) Answers A, B, and C are correct.


Title: Re: The income elasticity of demand is
Post by: Sydnie on Jul 8, 2015
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