A normal good is a good for which
A) demand increases when income increases.
B) there are very few complements.
C) there are few substitutes.
D) demand decreases when income increases.
Correct Answer:
Verified
Q90: If income increases or the price of
Q91: Normal goods are those for which demand
Q92: Which of the following is true?
A) If
Q93: By definition, an inferior good is a
A)
Q94: A decrease in the expected future price
Q96: People come to expect that the price
Q97: The demand curve for a normal good
Q98: Inferior goods are those for which demand
Q99: Which of the following decreases the demand
Q100: An increase the expected future price of
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