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If An Increase In Earning Leads To More Of A Commodity Being Demanded, The Good Is Said To Have? - Erudites Academy

If an increase in earning leads to more of a commodity being demanded, the good is said to have?

A. positive income elasticity
B. negative income elasticity
C. positive cross elasticity
D. negative cross elasticity

Correct Answer: Option A

A. positive income elasticity

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Tags: economics

5 years ago