ECONOMICS …………………………………………………………………….?

FOR NORMAL GOODS, INCOME ELASTICITY IS
A.POSITIVE
B GREATER THAN 1
C NEGATIVE
D EQUAL TO 1

A. positive

2 Responses to “ECONOMICS …………………………………………………………………….?”

1. h0ni3 Says:
   June 15th, 2010 at 12:01 am

   A. positive
   References :
   http://tutor2u.net/economics/content/topics/elasticity/income_elasticity.htm

2. bballtwin25 Says:
   June 15th, 2010 at 12:44 am

   http://www.youtube.com/watch?v=cfLDDfMxiyI
   studying? This might help ; )
   References :

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