Managerial Economics

1:

Income elasticity of demand will be zero when a given change in income brings about

A.

The same proportionate change in demand

B.

A more than proportionate change in quantity demanded

C.

A less than proportionate change in quantity demanded

D.

No change in demand

 

Answer : D

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.