If your purchases of shoes increase from 9 pairs per year to 11 pairs per year when your income increases from $19,000 to $21,000 a year,other things equal,for you,shoes are considered a(n)_____ good.
A)normal
B)inferior
C)complementary
D)substitute

Question

Quizplus · Accepted Answer

A normal good is a good for which demand increases as income increases. In this case, as your income increases, your demand for shoes also increases, indicating that shoes are a normal good for you.

If Your Purchases of Shoes Increase from 9 Pairs Per