Which of the following is most likely to be an inferior good?
A) Fur coats.
B) Ocean cruises.
C) Used clothing.
D) Steak.
Correct Answer:
Verified
Q21: In 2007, the price of oil increased,
Q24: If the demand curve for product B
Q28: The demand for most products varies directly
Q32: Other things equal,which of the following might
Q33: If X is a normal good, a
Q34: Tennis rackets and ballpoint pens are:
A) substitute
Q36: If Z is an inferior good, an
Q37: Blu-ray players and Blu-ray discs are
A) complementary
Q39: Assume the demand curve for product X
Q59: A decrease in the price of digital
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