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Home Q & A Board Other Fields Homework Help Business Economics
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melinoma86 melinoma86
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3 years ago
If the income elasticity of demand for a good is positive but less than one, the good must be

▸ an inferior good.

▸ a luxury good.

▸ a substitute good.

▸ a normal good.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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blazeypoohblazeypooh
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3 years ago
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melinoma86 Author
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3 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
sakoon
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Yesterday
You make an excellent tutor!
my2redeyes
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2 hours ago
Thank you, thank you, thank you!
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