A normal good is defined as a good for which demand increases
A) as the income of consumers increases.
B) as its own price decreases.
C) as the price of close substitutes decreases.
D) as the total number of consumers increases.
E) as a reflection of changing consumer tastes.
Correct Answer:
Verified
Q7: Q33: Computers and computer software are complements.A decrease Q34: According to the law of demand,an increase Q35: Chicken and pork are substitutes.Other things being Q36: If beans are inferior goods,a decrease in Q37: Which of the following is NOT a Q40: All of the following could shift the 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
