-Figure 5-11 shows five different levels of income for a particular state (in billions of dollars)and the quantity of public higher education demanded there (for a given level of tuition).Given this information,what can be said about the state's demand for public higher education?
A)It follows the law of demand.
B)It violates the law of demand.
C)Public higher education is an inferior good for income levels above $65 million.
D)Public higher education is a normal good.

Question

-Figure 5-11 shows five different levels of income for a particular state (in billions of dollars)and the quantity of public higher education demanded there (for a given level of tuition).Given this information,what can be said about the state's demand for public higher education?
A)It follows the law of demand. 
B)It violates the law of demand. 
C)Public higher education is an inferior good for income levels above $65 million. 
D)Public higher education is a normal good.

Quizplus · Accepted Answer

Public higher education is a normal good because the demand for it increases as income levels rise, which is consistent with the characteristics of a normal good.

-Figure 5-11 Shows Five Different Levels of Income for a Particular