(Figure: Good Y and Good X VI) Assume that the price of Good X is $100 per unit and the price of Good Y is $100 per unit. When income increases from $1,200 to $1600, Good Y is a (an) _____ good.

Question

Quizplus · Accepted Answer

The Answer of (Figure: Good Y and Good X VI) Assume that the price of Good X is $100 per unit and the price of Good Y is $100 per unit. When income increases from $1,200 to $1600, Good Y is a (an) _____ good.

(Figure: Good Y and Good X VI) Assume That the Price