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A good is said to be both normal and a necessity if the income elasticity of demand is greater than 1.0.

Lopezj273

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A good is said to be both normal and a necessity if the income elasticity of demand is greater than 1.0.

A good is said to be both normal and a necessity if the income elasticity of demand is greater than 1.0.

• true

• false

Textbook

Introduction to Agricultural Economics

Introduction to Agricultural Economics

Edition: 7^th

Authors: Penson, Rosson, Woodward

Read 66 times

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zachcarytcris

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