Flashcard sets with a 'income elasticity of demand' term meaning 'a measure of how much the quantity demanded of a good responds to a change in consumers' income'

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See other definitions of term:income elasticity of demand

1-1 of 1Flashcard sets with a 'income elasticity of demand' term meaning 'a measure of how much the quantity demanded of a good responds to a change in consumers' income'
# Title Terms Date
1Econ Ch. 5-6by tjlarson909 termsOctober 2, 2007
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