If the demand for personal computers increases as the result of an increase in income, _____
A) personal computers must be a normal good.
B) personal computers must be an inferior good.
C) personal computers must be a complementary good.
D) the substitutes for personal computers must be inferior goods.
E) the complements for personal computers must be inferior goods.
Correct Answer:
Verified
Q32: Table 4.1 Q33: Which of the following is most likely Q34: The income effect of a price change Q35: Table 4.1 Q36: If a good is normal, an increase 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