If an increase in earning leads to more of a commodity be...
If an increase in earning leads to more of a commodity being demanded, the good is said to have
Positive income elasticity
Negative income elasticity
Positive cross elasticity
Negative cross elasticity
Correct answer is A
No explanation has been provided for this answer.
One advantage of International trade is that ...
The money paid per hour for work done is ...
One of the internal economies of large scale production is ...
One of the dangers of the localization of industries is ...
Mobility of labour is NOT affected by ...
The Nigerian indigenization decree process involves ...
The basic and essential economic problems in a community are related to choice and________ ...