If an increase in earning leads to more of of a commodity being demanded, the good is said to have - SchoolNGR

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If an increase in earning leads to more of of a commodity being demanded, the good is ...

If an increase in earning leads to more of of a commodity being demanded, the good is said to have

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Positive income elasticity
B Negative income elasticity
C Positive cross elasticity
D Negative cross elasticity

Correct Answer: Option A

Explanation:

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