Which of the Following Should Be Held Constant When Calculating

question 33

Multiple Choice

Which of the following should be held constant when calculating an income elasticity of demand?

• A)the price of the good
• B)prices of related goods
• C)tastes
• D)All of the above should be held constant.

---

Definitions:

SEO

Stands for Search Engine Optimization, a set of practices designed to improve a website's visibility in search engine results.

FTP

FTP, or File Transfer Protocol, is a standard network protocol used for the transfer of computer files between a client and server on a computer network.

HTML File

An HTML file is a text document containing Hypertext Markup Language, which is used to create and structure sections, links, and design elements of web pages.

Website Analytics

The measurement, collection, analysis, and reporting of web data for the purpose of understanding and optimizing web usage.