Income elasticity of demand within individual consumer groups and the level of income elasticity of the entire market demand
The paper is focused on the derivation of the mathematical relationship among the income-elasticity level of the entire market demand and the income-elasticity values of the demand functions of the consumers' groups buying on the defined market. The determination of the mathematical term was ba...
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| Format: | Article |
| Language: | English |
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Czech Academy of Agricultural Sciences
2006-09-01
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| Series: | Agricultural Economics (AGRICECON) |
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| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-200609-0003_income-elasticity-of-demand-within-individual-consumer-groups-and-the-level-of-income-elasticity-of-the-entire.php |