MCQOPTIONS
Saved Bookmarks
| 1. |
Income elasticity of demand is defined as the responsiveness of |
| A. | uantity demanded to a change in income |
| B. | uantity demanded to a change in price |
| C. | rice to a change in income |
| D. | ncome to a change in quantity demanded |
| Answer» B. uantity demanded to a change in price | |