income elasticity of demand
nounDefinitions
an economic metric that measures the responsiveness of a quantity demanded for a good to…
an economic metric that measures the responsiveness of a quantity demanded for a good to a change in income, calculated as the percent change in demand over the percent change in income
The neighborhood
Vish — recursive loop
No curated loop yet for income elasticity of demand. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA