Table 1.1 below shows the income elasticity of demand and cross elasticity of demand. Given that product, Y, is an infer
Posted: Wed Jul 06, 2022 6:29 pm
Table 1.1 below shows the income elasticity of demand and cross elasticity of demand. Given that product, Y, is an inferior good with no close substitutes. It is a compliment to Z. Which best describes Y?