The percentage change in quantity demanded given a percentage-08814
The percentage change in quantity demanded given a percentage change in consumers income is known as:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.6.
The percentage change in quantity demanded given a percentage change in consumers income is known as:
Price elasticity of demand.
Income elasticity of demand.
Supply price elasticity.
Cross price elasticity.