Difference between revisions of "Necessities"

Revision as of 13:21, September 18, 2011

fück

you!!!!!

Revision as of 21:33, July 30, 2010 (view source) Tzoran (Talk \| contribs) m ← Older edit		Revision as of 13:21, September 18, 2011 (view source) SokcNo74 (Talk \| contribs) Newer edit →
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−	'''Necessities''' are goods for which demand is [[inelastic]]. An increase in price for these goods does not reduce the demand much, because these goods are essential and many people will buy them regardless of price. [[Income elasticity of demand]] for a necessity is less than one.	+	<big><big><big><big><big><big><big><big><big>fück<br><br><br><br><br><br> you!!!!!
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−	~~[[Category:Economics]]~~	+