chelby2296 chelby2296
  • 03-02-2019
  • Business
contestada

The distinction between a normal and an inferior good is ...

Respuesta :

MsTeel
MsTeel MsTeel
  • 14-02-2019

When income rises, demand for a normal good will go up and demand for an inferior good will go down (because people would rather spend their extra money on the normal/better products).

Answer Link

Otras preguntas

What is the degree of comparison of the underlined modifier? Suzanne is a gifted ballet dancer. A. superlative B. positive C. comparative
Is little available food a characteristic of Athens, Sparta, or both? A. Athens B. Sparta C. Athens and Sparta
Which of the following types of models would be most effective to demonstrate the relationship between distance and time?
literal equation R=R1+R2 for R2
-2.2 + 0.3z= 3 -0.5z -0.8z what does z equal
who is the person who started a newspaper called the north star
Blain exchanges $100 for yen before going to Japan. If each U.S. dollar is worth 88.353 yen, how many yen should Blain receive?
0.8x+3.2-4.3x=7.7-1.2x
Which French leader of the Protestant Reformation made Geneva a center of Protestant thought and faith? A. John Calvin B. Teresa of Avila C. John Huss D. Martin
What accent marks are missing from the paragraph in the highlighted box?