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 coefficient of the term of degree of degree 5 in the polynomial below
What are the Benefits of secondary source
Which sentence best describes the formation of igneous rock? A- lava on the surface dries up and makes arock B_melted rocks cools and forms crystals C_rocks u
In a class, there are 12 girls. If the ratio of boys to girls is 5:4 how many boys are there in the class
Which of the following is a source of heat for magma formation? magma plumes in the continental crust friction due to divergence friction due to subd
John used linear combination to solve the system of equations shown. He did so by multiplying the first equation by -3 and the second equation by another numb
A quart is how many pounds
Think about the items and services that you and your family buy or consume. What causes you to pay the prices that you do for these goods and services? What det
Why did the federal government choose to give each tribal member a 25-year deed to the reservation land? This was the life expectancy of Native Americans at thi
if olu is twice as old as funmi if the sum of their ages is 60 how old is olu