Topics
Inferior good
When demand for a product falls as real incomes increases. Income elasticity of demand for inferior goods is negative.
-
Inferior Goods
Topic Videos
-
Elasticity of Demand Revision Resources
3rd December 2022
-
Income Elasticity of Demand
Topic Videos
-
Cost of Living Crisis - Boots debuts 'Everyday' budget essentials range
7th September 2022
-
Patterns of Spending - Demand for Camping and Caravans Surges
22nd April 2022
-
Elasticity of Demand and Supply - Selection of Revision MCQs
Practice Exam Questions
-
Life On Board the World's Worst Airline
2nd October 2016
-
Market Mechanism Revision Quiz
Quizzes & Activities
-
How Markets Work - Income Elasticity of Demand
Study Presentations
-
Price and Income Elasticities - "Match Up" Activity
Quizzes & Activities
-
Calculating Income Elasticity of Demand
Topic Videos
-
Supply and Demand - Clear The Deck Key Term Knowledge Activity
Quizzes & Activities
-
Demand and Supply - 60 Second Challenge (Knowledge Retrieval Activity)
Quizzes & Activities
-
Shifts in Market Demand
Study Notes
-
Explaining Income Elasticity of Demand
Study Notes
-
Explaining Price Elasticity of Demand
Study Notes
-
Stellios opens his easyFoodstore with 25p offers!
2nd February 2016