emmaj1962 emmaj1962
  • 21-07-2017
  • Business
contestada

Goods are ________ when the income elasticity of demand is positive

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Hagrid
Hagrid Hagrid
  • 02-08-2017
Goods are in high demand. 

positive income elasticity of demand is coordinated with normal goods. and the basic rules are when production increases, income will increase as well and the demands of the good will increase. These goods are demanded by each of the levels of the prices.
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