Economics Mcqs
Q If consumers always spend 15 percent of their income on food. then the income elasticity of demand for food is ?
  • A A. 1.50
  • B B. 1.15
  • C C. none of these
  • D D. 0.15
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Word of the Day
27 Jul
Widen
make or become wider.
Ϊ†ΩˆΪ‘Ψ§ ΫΩˆΩ†Ψ§ΨŒ کشادہ Ϊ©Ψ±Ω†Ϋ’ Ϊ©Ψ§ ΨΉΩ…Ω„

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