answersLogoWhite

0

inflation

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

The graph comparing the income a consumer makes?

The answer depends on what is being compared: the income of the same consumer at different stages of their life or the income of a consumer compared with other consumer.


An article on income effect and substitution effect?

chnage in consumer's equilbrium due to change in income of the consumer..known as income effect.


What is the 3 components in the food chain?

PlantsSnakeBacteria


What are the demand shifters?

Demand shifters include consumer income, number of consumer (population), consumer taste and preferences, and expectations: future prices of complements and substitutes and future income.


How does consumer income affect the demand for normal goods?

A good that decreases in demand when consumer income rises; having a negative Income increases will thus affect the consumption of these goods.


How do you identify the components of a food chain in an ecosystem?

primary producer, primary consumer, secondary consumer, tertiary consumer, quaterary consumer.


Which is a dimension or assumption of the marginal-utility theory of consumer behavior?

The consumer has a small income.


If a is an inferior good and consumer income risesthe demand for a will?

Inferior goodA good for which an INCREASE(decrease) in consumer income will lead to a DECREASE(increase) in demand for that good.Normal GoodA good for which an INCREASE(decrease) in consumer income will lead to a INCREASE(decrease) in demand for that good.


Income consumption curve?

income consumption curve is the collection of points of the consumer's equilibrium resulting from varying income.....


What occurs when an increase in price decreases a consumer real income?

Income effect


In what way the income of the consumer affect his buying behavior?

if consumers are receiving a low income then


How consumer allocate their incomes across goods?

Describe and explain how a rational consumer with a fiven income and taste can allocate his income among the available goods and services