Engel's Law

From LinkedAUB Collab
Revision as of 16:39, 9 January 2014 by Sfg02 (talk | contribs) (Created page with "{{Learning concept |Description=Differences noted over a century ago by Ernst Engel in how people shift their spending across food, housing, transportation, health care, and o...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Description

Differences noted over a century ago by Ernst Engel in how people shift their spending across food, housing, transportation, health care, and other goods and services categories as family income rises.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/Engel%27s Law

Learning Material

Covered in Topic(s)

 
Analyzing the Marketing Environment