Solved

If the Demand for Digital Cameras Increases When Consumers' Incomes

Question 34

Multiple Choice

If the demand for digital cameras increases when consumers' incomes rise,then digital cameras are


A) a substitute for camcorders.
B) an inferior good.
C) a normal good.
D) made using advanced technology.
E) a complement to camcorders.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: Car insurance and cars are complements.If the

Q30: Which of the following increases the demand

Q31: If income increases and the demand for

Q32: In a recession,consumers have less income to

Q35: A reduction in the cost of cable

Q38: -In the above</p></div><svg width=

Q39: A huge 50 per cent off sale

Q44: -Scooters and bicycles</p></div><svg width=

Q60: -Scooters are a</p></div><svg width=

Q67: Over the next few years more and

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents