The consumer staples sector includes companies that sell products that people need and buy on a regular basis, regardless of the economic climate.
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The consumer staples sector includes companies that sell products that people need and buy on a regular basis, regardless of the economic climate.
Income Elasticity of Demand (YED)
BUSINESS MANAGEMENT, ECONOMICS and MICROECONOMICS
This article is about Income Elasticity of Demand (YED). Income Elasticity of Demand (YED) measures how a change in income affects quantity demanded.