Site pages
Current course
Participants
General
18 February - 24 February
25 February - 3 March
4 March - 10 March
11 March - 17 March
18 March - 24 March
25 March - 31 March
1 April - 7 April
8 April - 14 April
15 April - 21 April
22 April - 28 April
2.2.9.3. Unitary income elasticity of demand
When the proportion of the consumer’s income spent on the goods is exactly the same both before and after the rise in income, then it is called unitary income elasticity of demand. |
Last modified: Wednesday, 21 December 2011, 7:21 AM