Question
Calculate the income elasticity for a household when the income of this household rises by 5% and the demand for buttons does not change at all.
Answer: Option C
Submit Your Solution Below and Earn Points !
Submit Your Solution Below and Earn Points !
More Questions on This Topic :
Question 3. Effective demand depends upon....
Question 4. Quantity demanded is a....
Question 5. At shut down point....
Question 6. The other name of Budget line is....
Question 7. The LAC curve....
Question 8. Normal goods have....
Submit Solution