Which of the following is most likely to be an inferior good?
A) Airline travel
B) Restaurant meals
C) A subscription to the Wall Street Journal
D) Soft drinks
E) Used clothing
Correct Answer:
Verified
Q32: If the price of vanilla ice cream
Q33: If Good B is a complement to
Q34: If demand for personal computers increases as
Q35: Which of these can possibly account for
Q36: Two goods are considered substitutes only if
Q38: Which of the following will cause the
Q39: Which of these is most likely to
Q40: If butter and margarine are substitute goods,an
Q41: A change in money income of consumers
Q42: Figure 4.3 shows the supply curves for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents