More cards in this set

Card 6

Front

What is the formula for income elasticity of demand?

Back

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Card 7

Front

What is the YED of a normal good?

Back

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Card 8

Front

What is the YED of a luxury good?

Back

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Card 9

Front

What is the YED of an inferior good?

Back

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Card 10

Front

What are the factors influencing income elasticity of demand?

Back

Preview of the front of card 10