Multiple Choice
When income falls, the quantity demanded for inferior goods
A) Increases.
B) Decreases.
C) Has a smaller change than the income change.
D) Stays the same.
Correct Answer:
Verified
Related Questions
When income falls, the quantity demanded for inferior goods
A) Increases.
B) Decreases.
C) Has a smaller change than the income change.
D) Stays the same.
Correct Answer:
Verified
