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sinerus sinerus
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6 years ago
If the income elasticity of a good is greater than one, we say that its demand is
A) price insensitive.
B) income-elastic.
C) income-inelastic.
D) price sensitive.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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sinerus Author
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6 years ago
Good timing, thanks!
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this is exactly what I needed
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This site is awesome
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