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Definition of income elasticity in English English dictionary
- elasticity of demand with respect to income, measure of how responsive the level of demand is to a change in income (Finance)
income elasticity
Hyphenation
in·come e·las·tic·i·tyTurkish pronunciation
înkʌm ilästîsıtiPronunciation
/ˈənˌkəm ˌēˌlaˈstəsətē/ /ˈɪnˌkʌm ˌiːˌlæˈstɪsətiː/
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