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Loraine Loraine
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9 years ago
The income elasticity of demand is the percentage change in the ________ divided by the percentage change in ________.
A) quantity demanded; the price of a substitute or complement
B) quantity supplied; price
C) quantity demanded; price
D) quantity demanded; income
E) quantity demanded when income changes; the quantity supplied
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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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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My pleasure Happy Dummy
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