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

Which of the following most directly shows how physics affects society A.a perfume company designs a new fragrance B.a patient is treated by acupuncture for a
At the movie theater, child admission is $5.10 and adult admission is $9.10. On Monday, 151 tickets were sold for a total sales of $1030.10. How many adult tick
Guys what is the answer?please help me.ASAP!
Can somebody answer this for me?
Explain why it is important for a person to be unique.
How do intermolecular forces affect the boiling point of a liquid
Developing structures generally are most vulnerable to damage from environmental factors during the ___ stage of prenatal development.
(1) A social dilemma is a situation in which the most rewarding short-term choice for an individual will ultimately lead to negative outcomes for all concerned.
help me please asap!
Which of the following is primarily responsible for controlling the money supply in the the United States and Turkey? a. the U.S. Treasury and the Turkish Treas