Economics 9708 · AS & A Level · Price elasticity of demand

Price elasticity of demand — practice question

Consumers experience a rise in their incomes. Under which circumstances would the quantity of the product sold rise by the greatest amount?

  • Ainferior good; price elastic
  • Binferior good; price inelastic
  • Cnormal good; price elastic
  • Dnormal good; price inelastic

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