# wealth elasticity of demand

> responsiveness in the consumption of a good to a change in a consumers' wealth

**Wikidata**: [Q7978029](https://www.wikidata.org/wiki/Q7978029)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Wealth_elasticity_of_demand)  
**Source**: https://4ort.xyz/entity/wealth-elasticity-of-demand


## References

1. [OpenAlex](https://docs.openalex.org/download-snapshot/snapshot-data-format)