AdmitMe
Economics · Theory of demand

EconomicsTheory of demandJAMB

When income rises from ₦100,000 to ₦120,000, demand for a good rises from 50 to 60 units. The income elasticity of demand is

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Theory of demand questions