Income elasticity of demand is measurement ...
Income elasticity of demand is measurement of the responsiveness of
Price to change in income
Quantity demanded to change in income
Change in expenditure to change in income
Change in expenditure to change in price of the commodity
Correct answer is B
No explanation has been provided for this answer.
An exceptional demand curve can result from ...
Which of the following could be used to measure the efficiency of labour? ...
From the graph above, fixing maximum price of garri below equilibrium prices at P1 will ...
In calculating mean one should ...
Quantity (kg) Fixed cost ($) Variable cost ($) Total cost ($) Marginal c...
In the event of bankruptcy, owners of joint-stock companies lose ...
Amount proposed for payment of wages and salaries in a budget is regarded as part of ...
Development outside a given firm which reduce the firm costs are called ...