HDeasl3625 HDeasl3625
  • 01-12-2021
  • Business
contestada

What is not a determinant of ped.

Respuesta :

23Wessee
23Wessee 23Wessee
  • 01-12-2021

Answer:

Goods on which consumer spend less proportion of his income has an inelastic demand like a needle and newspaper. But the amount of income of a consumer does not affect the price elasticity of demand. Consumer's income has no relation with the price elasticity of demand for a particular good.

Explanation:

Answer Link

Otras preguntas

What do the Mexicans build to honor their deceased relatives?
Read the following sentences. Select the answer if the underlined term in a sentence is used correctly. Choose all answers that are correct. A. Julius Caesar wa
What is the sum of 3/2x and 7/4x
Julio is given $10 in allowance money. He heads down to the store and finds two games that he can buy. In comparing the prices of these goods, Julio is using mo
two objects were lifted by a machine. one object had a mass of 2 kilograms and was lifted at the speed of 2 m/s. the other had a mass of 4 kilograms and was lif
how can you tell which slope is steeper when they are in the form of fractions
suppose a varies directly as b, and a=7 when b=2 find b when a =21
The phrase "promote the general Welfare" in the Constitution refers to the idea that a. people are naturally selfish, and a government is necessary to keep orde
What is the answer to 8n+16.2=1.6
5*9 (sqrt 10)^3= Help please