Necessity: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
imported>Doug Williamson m (Amend links.) |
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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.)
