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Loraine Loraine
wrote...
Posts: 4563
9 years ago
For a good such as a large screen HD television set, the income elasticity would likely be
A) negative.
B) equal to zero.
C) positive and less than one.
D) positive and greater than one.
E) undefined because large screen, HD TVs are bought by many consumers.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 330 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
You're welcome Happy Dummy
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