Positive income elasticity implies that as income rises, demand for the commodity Options: A . &nbspRises B . &nbspFalls C . &nbspRemains unchanged D . &nbspBecomes Zero

Positive income elasticity implies that as income rises, demand for the commodit

Question

Positive income elasticity implies that as income rises, demand for the commodity

Options:

A . Rises

B . Falls

C . Remains unchanged

D . Becomes Zero

Answer: Option A

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