Assertion: price elasticity | /r/HasProperty | a 1% increase
Facets:
value: in a) consumer income
type: OTHER
Source sentences:
text: If the price elasticity of demand for good A is -2, then a If the price elasticity of demand for good A is -2, then a 1% increase in A) consumer income will result in a 2% decrease in the demand for good A. B) consumer income will result in a 2% increase in t … read more Kimberley Wright Masters 124 satisfied customers