For an inessential good, which of the following is true?
A)Quantity demanded is always zero.
B)Quantity demanded is negative.
C)Quantity demanded is always positive.
D)Quantity demanded can be either positive or zero.

Question

Quizplus · Accepted Answer

For an inessential good, the quantity demanded can be either positive or zero, but it will not be negative since consumers only purchase the good if they feel that the benefits of having it outweigh the costs. However, the quantity demanded can be zero if consumers do not see any value in purchasing the good.

For an Inessential Good, Which of the Following Is True