income-elastic
income-elastic · more income-elastic · most income-elastic
Of a good or service: such that consumer demand increases in line with the amount of…Of a good or service: such that consumer demand increases in line with the amount of money that consumers have available to spend.
Meaning
1 sensesOf a good or service: such that consumer demand increases in line with the amount of money that consumers have available to spend.
Forms
more income-elastic, most income-elastic| Comparative | more income-elastic Lesson |
|---|---|
| Superlative | most income-elastic Lesson |
regular
Lessons for this word
2 lessons- A2Comparatives — Because it has a comparative form
- A2Superlatives — Because it has a superlative form