Credit score and Income elasticity of demand: Difference between pages

Revision as of 14:18, 5 May 2016

Economics.

The percentage change in quantity demanded divided by the percentage change in income.

@@ Line 1: / Line 1: @@
-A summary based on the credit record of an individual or a business, to represent their creditworthiness.
+''Economics''.
+The percentage change in quantity demanded divided by the percentage change in income.
-Potential lenders, such as banks and credit card companies, use credit scores to evaluate the risk of lending money or of advancing other forms of credit, and to reduce the incidence or size of losses resulting from bad debts.
 == See also ==
-* [[Credit]]
+* [[Elasticity]]
-* [[Creditworthiness]]
+* [[Luxury good]]
+* [[Necessity]]
+* [[Price elasticity of demand]]