Definitions from Wiktionary (income elasticity of demand)
▸ noun: (economics) an economic metric that measures the responsiveness of a quantity demanded for a good to a change in income, calculated as the percent change in demand over the percent change in income
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▸ noun: (economics) an economic metric that measures the responsiveness of a quantity demanded for a good to a change in income, calculated as the percent change in demand over the percent change in income
Similar:
price elasticity of demand,
cross elasticity of demand,
price elasticity of supply,
cross-price elasticity of demand,
normal good,
demand curve,
inferior good,
equivalent variation,
Engel curve,
employment,
more...
▸ Words similar to income elasticity of demand
▸ Usage examples for income elasticity of demand
▸ Idioms related to income elasticity of demand
▸ Wikipedia articles (New!)
▸ Words that often appear near income elasticity of demand
▸ Rhymes of income elasticity of demand
▸ Invented words related to income elasticity of demand