
Economics 12th Edition by William Baumol, Alan S Blinder
Edition 12ISBN: 978-0538453691
Economics 12th Edition by William Baumol, Alan S Blinder
Edition 12ISBN: 978-0538453691 Exercise 14
Which of the following items are likely to be normal goods for a typical consumer Which are likely to be inferior goods
a. Expensive perfume
b. Paper plates
c. Secondhand clothing
d. Overseas trips
a. Expensive perfume
b. Paper plates
c. Secondhand clothing
d. Overseas trips
Explanation
Normal goods are those goods whose deman...
Economics 12th Edition by William Baumol, Alan S Blinder
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