ExamPlay Light Logo
Iniciar sesión

WAEC - Economics (2012 - No. 7)

Where a commodity takes an insignificant proportion of the consumer's income, demand for it will be
unitary elastic
price inelastic
fairly elatic
income inelastic

Explicación

Income inelastic  means that consumer demand would not change in response to a change in income.

Comentarios (0)

Inicia sesión para comentar
Anuncio
BrainBehindX Inc Logo
©2026; Desarrollado por BrainBehindX Inc