Examlex
Referring to the information below, which is the data element?
Coding Scheme
Sex
1 = female
2 = male
Cartons
Containers usually made of paperboard or cardboard used for storing and transporting goods.
Income Elasticity
The degree to which consumer demand for a product shifts following alterations in their financial earnings.
Inferior
A type of good for which demand decreases as the income of consumers increases.
Normal Good
A good whose demand increases as the income of consumers increases, and vice versa.
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