Concept information
Preferred term
income elasticities
Type
-
Topic
Definition
-
Relationships between the amount of goods demanded as income grows (= % change in quantity / % change in income).
Source: NAL Thesaurus Staff
Type: Concept definition
Broader concept
Synonyms
- income elasticity of demand
In other languages
-
Spanish
URI
https://lod.nal.usda.gov/nalt/36122
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