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

the scale of a map is 1 cm: 15 km. what is the actual distance corresponding to each map distance
what is the cost per unit
What is 1 whole 1/4 subtract to 1/3
Ashamed of the cruelty of his military victories, this leader from northern India became a Buddhist and built hospitals, roads, and places of worship. Who does
why is an objects density expressed as a combination of two units
can you express 9/9 as a mixed number why or why not
What is considered the eastern border of Europe
what did karl marx believe was the solution to the injustice and inequality of the bourgeoisies exploitation of the proletarians regarding the means of producti
If the heart becomes damaged or weakened, how will this affect the body’s systems? A. The muscular system will strengthen the heart. B. Only the nervous system
Compare the temperature of water as ice begins to form with the temperature of ice as it begins to melt