Insolvency Act and Luxury good: Difference between pages
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''Economics''. | |||
A good with an income elasticity of demand greater than one. | |||
(Contrasted with a necessity.) | |||
== See also == | == See also == | ||
* [[ | * [[Income elasticity of demand]] | ||
* [[ | * [[Necessity]] | ||
* [[Normal good]] | |||
[[ | * [[Inferior good]] |
Revision as of 13:35, 5 May 2016
Economics.
A good with an income elasticity of demand greater than one.
(Contrasted with a necessity.)