Normal goods are products such as food, clothing and household appliances. Demand for normal goods increases with income. The income elasticity formula measures the change in demand relative to a change in income.
Normal goods are products such as food, clothing and household appliances. Demand for normal goods increases with income. The income elasticity formula measures the change in demand relative to a change in income.
Weight | 0.126 kg |
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Brand | TEPE |