Question

when the price is rising in a percentage the quantity demand proportionately is known as ​

Answer 1

1. High: A rise in income comes with bigger increases in the quantity demanded.
2. Unitary: The rise in income is proportionate to the increase in the quantity demanded.
3. Low: A jump in income is less than proportionate than the increase in the quantity demanded.
4. Zero: The quantity bought/demanded is the same even if income changes
5. Negative: An increase in income comes with a decrease in the quantity demanded.

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Answer 2

Answer:

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