(Figure: Good Y and Good X V) In panel (a), the price of good X is $1.50 per unit and the price of good Y is $3 per unit. In panel (b), the consumer's income increased from $400 to $480.
Panel (a) Panel (b)

Using panel (b), good X is a (an) _____ good.

Question

(Figure: Good Y and Good X V) In panel (a), the price of good X is $1.50 per unit and the price of good Y is $3 per unit. In panel (b), the consumer's income increased from $400 to $480.
Panel (a) Panel (b)

Using panel (b), good X is a (an) _____ good.

Quizplus · Accepted Answer

The Answer of (Figure: Good Y and Good X V) In panel (a), the price of good X is $1.50 per unit and the price of good Y is $3 per unit. In panel (b), the consumer's income increased from $400 to $480.
Panel (a) Panel (b)

Using panel (b), good X is a (an) _____ good.

(Figure: Good Y and Good X V) in Panel (A)