Economy, asked by neeljariwala10, 10 hours ago

What is Different between price and income.

Answers

Answered by Anonymous

Answer:

Income and price both have an effect on demand. The income effect looks at how changing consumer incomes influence demand. The price effect analyzes how changes in price affect demand.

Answered by Itsanshita

Answer:

Income and price both have an effect on demand. The income effect looks at how changing consumer incomes influence demand. The price effect analyzes how changes in price affect demand.

Previous Question

Next Question

Similar questions

Science, 5 hours ago

distance - times graph for two vehicles bus and car given below a. DO THE VEHICLES HAVE UNIFORM MOTIO? b.WRITE THE INTERVALS OF TIME AT WHICH MOTION OF THE BUS AND THE CAR ARE UNIFORM C.WRITE THE RATIO OF DISTANCE COVERED BY BUS TO CAR FROM t= 20s to t= 40s.

English, 5 hours ago

1 the truth spoken by me Write possessive forms...

Science, 5 hours ago

Explain why it is faster to cook a fish using a pan...

Math, 10 hours ago

Q11. For the past 5 years, the population of a city has decreased by 16 people a year. What is the city's population loss in relation to 5 years ago ?

Computer Science, 10 hours ago

4. Keetu monkey again. Complete the sequence of actions and instructions given in a), b) and c) to help Martha monkey jump on the stones and reach bananas. You are given the following Hinta Sprites - Bananas and Martha monkey. Background - A stream with the stones and the banana tree on the other of the stream X, y positions of bananas and stones. a. Fill in the blanks for Step 1 and Step 2: Step...

English, 7 months ago

what is the meaning of mounds...

English, 7 months ago

i don't asking ,how the relationship occurring .,i am asking that the life is for relationship...

Physics, 7 months ago

A speed of a vehicle at particular instant is shown by is called...