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Home Q & A Board Other Fields Homework Help Business Economics
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melinoma86 melinoma86
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4 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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4 years ago
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melinoma86 Author
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4 years ago
Just got PERFECT on my quiz
patod1
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
njn;l
wrote...

2 hours ago
You make an excellent tutor!
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