
Economics Today 18th Edition by Roger LeRoy Miller
النسخة 18الرقم المعياري الدولي: 978-0133882285
Economics Today 18th Edition by Roger LeRoy Miller
النسخة 18الرقم المعياري الدولي: 978-0133882285 تمرين 14
Assume that the income elasticity of demand for hot dogs is -1.25 and that the income elasticity of demand for lobster iS1.25. Based on the fact that the measure for hot dogs is negative while that for lobster is positive, are these normal or inferior goods?
التوضيح
A good is said to be normal good when in...
Economics Today 18th Edition by Roger LeRoy Miller
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