wrightleah97 wrightleah97
  • 14-09-2020
  • Social Studies
contestada

How does income impact Demand?

How does income impact Demand class=

Respuesta :

aly222
aly222 aly222
  • 14-09-2020
The Consumer's Income
The effect that income has on the amount of a product that consumers are willing and able to buy depends on the type of good we're talking about. In other words, for these goods when income rises the demand for the product will increase; when income falls, the demand for the product will decrease.
Answer Link

Otras preguntas

What kind of particles make up compound
Search results for "A shipment of 18 cars, some weighing 3,000 pounds, and the others weighing 5,000 pounds each. Together the shipment has a total weight of 30
Why does land heat up more faster than water?
Search results for "A shipment of 18 cars, some weighing 3,000 pounds, and the others weighing 5,000 pounds each. Together the shipment has a total weight of 30
How does 4/15=14/n? What does n equal?
C(squared)L(squared) + 100v(squared) = 100c(squared)I have to solve for L
Why does land heat up more faster than water?
Search results for "A shipment of 18 cars, some weighing 3,000 pounds, and the others weighing 5,000 pounds each. Together the shipment has a total weight of 30
Why does land heat up more faster than water?
How does 4/15=14/n? What does n equal?