Pearson Edexcel International A Level Business (132) 5 YED Income Elasticity of Demand
Complete teaching resources for a whole lesson including a PowerPoint and worksheet
Written by Sarah Hilton for Revisionstation
a) Calculation of income elasticity of demand.
b) Normal and inferior goods.
c) Interpretation of numerical values of income elasticity of demand.
d) The factors influencing income elasticity of demand.
e) The significance of income elasticity of demand to businesses
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