Flashcard sets with a 'income elasticity of demand' term meaning 'a measure of how much the demand for a good is affected by changes in consumers' incomes. % change in quantity demanded over % change in income'

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1-1 of 1Flashcard sets with a 'income elasticity of demand' term meaning 'a measure of how much the demand for a good is affected by changes in consumers' incomes. % change in quantity demanded over % change in income'
# Title Terms Date
1Economics Chapter 6by nylessanna14 termsOctober 20, 2009
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