According to a survey, it is stated that when incomes increased by 10%, the following changes in quantities demanded occurred: A. spring water up by 5 per cent B. sports drinks down by 2 per cent C. cruises up by 15 per cent.
Which demand is income elastic? Which is income inelastic? Which are normal goods?
Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount