Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics OCR
  3. Question bank

Elasticity

EasyMediumHard
1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950
Question 49

Which of the following is a characteristic of a normal good?

One that has a negative income elasticity of demand.

One that has a positive income elasticity of demand.

One where quantity demanded is completely unresponsive to changes in price.

One that has a cross-price elasticity of demand equal to zero.

Elasticity Questions

  1. A Level
  2. /Economics
  3. /Elasticity