Advertisement Remove all ads

Income Elasticity of Demand is Defined as the Responsiveness Of: - Current Affairs Including General Knowledge

MCQ

Income elasticity of demand is defined as the responsiveness of:

Options

  • Quantity demanded to a change in income

  • Quantity demanded to a change in price

  • Price to a change in income

  • Income to a change in quantity demanded

Advertisement Remove all ads

Solution

Quantity demanded to a change in income

Concept: Economic Current Affair (Entrance Exam)
  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×