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Lauren1 Lauren1
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Posts: 4120
Rep: 12 0
9 years ago
Because Product X has a large positive income elasticity, it is likely that the product
A) has many good substitutes.
B) has few good complements.
C) is a necessity.
D) is a luxury.
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MrDerecheMrDereche
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#1
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Rep: 304 0
9 years ago
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Lauren1 Author
wrote...
#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
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