ExamPlay Dark Logo
Log ind

WAEC - Economics (2016 - No. 7)

The demand curve for neccessity is usually
vertical
backward bending
horizontal
negatively sloped

Forklaring

Necessity goods are products and services that consumers will buy regardless of the changes in their income levels, therefore making these products less sensitive to income change.

Kommentarer (0)

Log ind for at kommentere
Reklame
BrainBehindX Inc Logo
©2026; Drevet af BrainBehindX Inc