Question 17

income elasticity of demand is measurement of the responsiveness of

  • A.price to change in income
  • B.quantity demanded to change in income
  • C.change in expenditure to change in income
  • D.change in expenditure to change in price of the commodity
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1999
Question no.
#17
Type
Objective

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