The ________ the portion of your income spent on a good, the ________ is your demand for the good.
A) larger; more income elastic
B) larger; more price elastic
C) smaller; less price elastic
D) smaller; more income elastic

Question

Quizplus · Accepted Answer

The Answer of The ________ the portion of your income spent on a good, the ________ is your demand for the good.
A) larger; more income elastic
B) larger; more price elastic
C) smaller; less price elastic
D) smaller; more income elastic

The ________ the Portion of Your Income Spent on a Good