Meaning demand determinant income
What does demand determinant income mean? Below you find one meaning for the word demand determinant income You can also add a definition of demand determinant income yourself

1

0 Thumbs up   0 Thumbs down

demand determinant income


One of the five demand determinants assumed constant when a demand curve is constructed, and that shift the demand curve when they change. Income affects demand differently for normal goods and inferi [..]
Source: glossary.econguru.com




<< income-expenditure model income received but not earned >>