Health care is a(n):
A) abnormal good.
B) superior good.
C) normal good.
D) good where higher incomes lead to less spending.

Name: Health care is a(n): A) abnormal good. B) superior good. C) normal good. D) good where higher incomes lead to less spending.
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Question

Quizplus · Accepted Answer

Health care is a normal good, meaning that as income increases, so does the demand for health care. In other words, people tend to spend more on health care as they have more disposable income available.

Health Care Is A(n)