Multiple Choice
If, as people's incomes increase, the demand for a good increases, the good is called
A) a normal good.
B) a substitute.
C) a complement.
D) an inferior good.
Correct Answer:
Verified
Related Questions
If, as people's incomes increase, the demand for a good increases, the good is called
A) a normal good.
B) a substitute.
C) a complement.
D) an inferior good.
Correct Answer:
Verified