Income elasticity of demand/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>John Dvorak m (Template:Def Income elasticity of demand moved to Income elasticity of demand/Definition: Moving_definition) |
imported>Chris Day No edit summary |
||
| Line 1: | Line 1: | ||
<noinclude>{{subpages}}</noinclude> | |||
The percentage change in the demand for a product that is caused by a unit percentage change in consumers' incomes. | The percentage change in the demand for a product that is caused by a unit percentage change in consumers' incomes. | ||
Latest revision as of 23:28, 22 May 2008
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.
Income elasticity of demand [r]: The percentage change in the demand for a product that is caused by a unit percentage change in consumers' incomes.