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

A train traveling at 7.55m/s accelerates to a distance of 975m in 31.5 s. Whats the final velocity of the train? A)227m/s B)54.4 C)7.61 D)69.5
what is the path of carbon dioxide out of the body​
The case of Plessy v. Ferguson, which affirmed the system of segregation, was subsequently overturned in which of the cases listed below? Select one: A. Tinker
In act 11 scene 3 of a Christmas carol: Scrooge and Marley, what is Scrooge’s first reaction on seeing cratchits family?
Consider two people where one person is 25​% taller than the other but proportioned in exactly the same way.​ (That is, the taller person looks like a larger ve
Which is a feature of permanent insurance? A. It includes an investment component. B. It provides protection for a specific period. C. It costs less than ot
The complement of an angle is one-sixth the measure of the supplement of the angle. What is the measure of the complement angle? A) 14° B) 16° C) 18° D) 20°
Read the passage. (1) The umbrella dates back more than 3,000 years to Mesopotamia. (2) That ancient land was located in the Middle East. (3) The Middle East is
What are the correct answers to this page
steps of protein sythesis ​