The income elasticity of demand of normal goods is generally

Related MCQs

• An individual is spending his entire income on two items A and B equally. If income elasticity of A is 4 what is income elasticity of B
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• The income elasticity of demand of inferior goods is generally
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• If the disposal income of a household increases by 10% and the demand for X commodity increased by 10% the income elasticity of X is
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