tulonvaikutukset
Tulonvaikutukset refers to the economic impact of income changes on consumer behavior. This concept, central to microeconomics, explains how shifts in a consumer's disposable income can influence their purchasing decisions for various goods and services. The core idea is that as income rises or falls, individuals and households will typically adjust their spending patterns.
There are two primary types of goods, distinguished by how demand for them responds to income changes:
The magnitude of the change in demand relative to the change in income is measured by the