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For normal goods the income elasticity of demand is?
Classroom
Economics Classroom
Jamb
Jamb 1987
The Theory Of Demand
Types, Nature And Determinants Of Elasticity And Their Measurement
Income Elasticity Of Demand
More Topics
For normal goods the income elasticity of demand is?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Positive
B
Negative
C
Zero
D
Infinite
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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