Solved

A Demand Curve Will Have a Positive Slope When

Question 37

Multiple Choice

A demand curve will have a positive slope when:


A) the good is an inferior good.
B) the income effect of a price change outweighs the substitution effect.
C) there are no substitutes for the good.
D) the good can be consumed only with some other good.

Correct Answer:

verifed

Verified

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

Related Questions

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