Necessity: Difference between revisions

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''Economics''.   
''Economics - elasticity''.   
 
A good with an income elasticity of demand less than one.
A good with an income elasticity of demand less than one.
(Contrasted with a luxury good.)


== See also ==
== See also ==
* [[Demand]]
* [[Elasticity]]
* [[Income elasticity of demand]]
* [[Income elasticity of demand]]
* [[Inferior good]]
* [[Luxury good]]
* [[Luxury good]]
* [[Normal good]]


[[Category:The_business_context]]

Latest revision as of 09:26, 8 April 2021

Economics - elasticity.

A good with an income elasticity of demand less than one.

(Contrasted with a luxury good.)


See also