The sensitivity of demand for a product relative to changes in income is called what?

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International Business The Challenges of Globalization

ISBN: 978-0133866247

8th edition

Authors: John Wild, Kenneth Wild

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Question Posted: Feb 12, 2016 06:57 AM

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The sensitivity of demand for a product relative to changes in income is called what?

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Income elasticity is the sensitivity of demand for a product relative to c...View the full answer

International Business The Challenges of Globalization

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