question archive If income increases by 10 percent and the quantity demanded of a good then increases by 5 percent, the good is inferior and income-elastic
Subject:EconomicsPrice:2.87 Bought7
If income increases by 10 percent and the quantity demanded of a good then increases by 5 percent, the good is
inferior and income-elastic.
normal and income-elastic,
inferior and income inelastic
normal and income inelastic
Purchased 7 times