ECO 365T Wk 3 Discussion – Income Elasticity

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ECO 365T Wk 3 Discussion - Income Elasticity
ECO 365T Wk 3 Discussion – Income Elasticity
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ECO 365T Wk 3 Discussion – Income Elasticity

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member.

 

Due Day 3

Respond to the following in a minimum of 175 words:

  • How do you think income elasticity affects a normal good versus an inferior good? Provide a real-world example.

 

Due Day 7

Post 2 replies to classmates or your faculty member. Be constructive and professional.