Economy, asked by masoom6904308, 1 month ago

how many types of income elasticity

Answers

Answered by Sarah0909

Answer:

There are five types of income elasticity of demand: High: A rise in income comes with bigger increases in the quantity demanded. Unitary: The rise in income is proportionate to the increase in the quantity demanded. Low: A jump in income is less than proportionate than the increase in the quantity demanded

Answered by singhishreya25

Answer:

five types

Previous Question

Next Question

Similar questions

English, 28 days ago

III. Read the following extracts and answer the questions that follow. 8. Let's go and help her' he shouted. Who did he shoul at ? b) Why did he want to help her ? Why didn't others come to his help? "This was bad, Don Anselmo" I pleaded. a) Who pleaded ? b) What does this refer to ? C) What was Don Anselmo's reply? 10. "It is the chance of life time" a) Who said this? b) What was the chance ? C)...

Physics, 28 days ago

5. ऊर्ध्वाधर समतल में स्थित 2.0 m व्यास वाला एक पहिया अपने केन्द्रीय अक्ष के गिर्द 4.0rads 2 के अचर कोणीय त्वरण से घूर्णन कर रहा है। पहिया 1-0 पर विरामावस्था से घूर्णन शुरू करता है और उस क्षण पर पहिये के किसी बिन्दु A का स्थिति सदिश क्षैतिज के साथ 60° का कोण बनाता है। 1 = 2.0s पर पहिये का कोणीय वेग, बिन्दु A की कोणीय स्थिति और नेट त्वरण परिकलित करें।...

Math, 28 days ago

2. Find the area of square whose side is 14 cm. Please answer ...