# income elasticity of demand

> responsiveness of demand for goods with respect to income change

**Wikidata**: [Q734113](https://www.wikidata.org/wiki/Q734113)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Income_elasticity_of_demand)  
**Source**: https://4ort.xyz/entity/income-elasticity-of-demand


## References

1. Freebase Data Dumps. 2013
2. [OpenAlex](https://docs.openalex.org/download-snapshot/snapshot-data-format)