Gigabyte and Luxury good: Difference between pages

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''Information technology''
''Economics - elasticity''


(GB).
A good with an income elasticity of demand greater than one.


A gigabyte of information is roughly the equivalent of the largest Encyclopaedia.
(Contrasted with a necessity.)




Definitions vary, but it is approximately one thousand megabytes.
== See also ==
* [[Elasticity]]
* [[Income elasticity of demand]]
* [[Inferior good]]
* [[Necessity]]
* [[Normal good]]


This would be one billion (1,000,000,000) bytes.
[[Category:The_business_context]]
 
In some definitions it is just over 1.07 billion (= 2<sup>30</sup>) bytes.
 
 
==See also==
*[[Billion]]
*[[Byte]]
*[[Kilobyte]]
*[[Megabyte]]
*[[Terabyte]]
*[[Zettabyte]]
 
[[Category:Technology]]

Latest revision as of 09:24, 8 April 2021

Economics - elasticity.

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

(Contrasted with a necessity.)


See also