Login
E-Mail Address:

Password:


 
CHARITY AND SPONSOR ADS
LiveZilla Live Help

Shopping Cart
0 items
 

The difference between normal and inferior goods is that

The difference between normal and inferior goods is that
Click to enlarge
Price: $0.99
Availability: In Stock
Model: A
Average Rating: 5 out of 5 Stars!

INSTANT DOWNLOAD

Solution Guide / Answer Key:

ECONOMICS

Multiple Choice         

           The difference between normal and inferior goods is that

a.

normal goods are of better quality than inferior goods

b.

an increase in price will shift the demand curve for a normal good rightward and the demand curve for an inferior good leftward

c.

if the price of a normal good increases, individuals who buy it are poorer; for inferior goods, the opposite is true

d.

an inferior good is something that will not be demanded until quantities of the normal good have been exhausted

e.

an increase in income will shift the demand curve for a normal good rightward and the demand curve for an inferior good leftward

 

 FILE: MS WORD

Write Review
Your Name:


Your Review: Note: HTML is not translated!

Rating: Bad            Good

Enter the code in the box below:

There are no additional images for this product.