stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Dr G's Microeconomics: Chapter 6 Elasticity Flashcards | StudBud
Dr G's Microeconomics: Chapter 6 Elasticity
0
0
/ 14
Question
If the Q
d
of a good is very responsive to changes in income (ε
I
>1), the good is considered ___
Answer
A luxury.
Know it
Still learning
Flip
Space
Card 1 of 14