ExamPlay Dark Logo
Logg på

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)

Logg inn for å kommentere
Annonse
BrainBehindX Inc Logo
©2026; Drevet av BrainBehindX Inc