Transcription of Income Elasticities of Demand for major consumption items.
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Income Elasticities of Demand for major consumption items.
International Journal of Scientific and Research Publications, Volume 2, Issue 6, June 2012 1. ISSN 2250-3153. Income Elasticities of Demand for major consumption items. Case study of Kashmir University Teachers Samira Khan Department of Economics, University of Kashmir, India Abstract- Kashmir University teachers belong to upper The idea that consumers are the supreme arbiters of what is sedentary and rich class is not a fact as the consumption behavior produced under a system of free enterprises has a long and shown by them is similar to middle class society. The sample central place in the history of economic thought. It has to be under examination differ in size of the family, age, designation, sharply distinguished from the teleological version, that the property ownership and other characteristics; in general we consumer should be sovereign, which has an even older origin in expect the household with above given different characteristics to Adam Smith without whose dictum consumption is the true end have different
International Journal of Scientific and Research Publications, Volume 2, Issue 6, June 2012 1 ISSN 2250-3153 www.ijsrp.org
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