Request New Subject
Home
Cost Accounting
Fundamentals of Economics and Management
Q. If the disposal income of a household increases by 10% and the demand for X commodity increased by25%. The income elasticity of X is (Solved)
1. 1.5
2. -0.5
3. 2.5
4. -2.5
c. 2.5
Related Topics
→ Fundamentals of Management
→ Fundamentals of Economics
→ Direct Taxation
→ Laws and Ethics
→ Fundamentals of Laws and Ethics
→ Fundamentals of Business Statistics
→ Fundamentals of Law
→ Cost and Management Accounting and Financial Management
→ Fundamentals of Costing
→ Fundamentals of Business Mathematics
Subscribe Now
Get All Updates & News
Subscribe