Assume that spaghetti is an inferior good for most people. As their incomes increase, all other things held constant, the demand for spaghetti will:
A) decrease, shifting the demand curve to the left.
B) decrease, shifting the demand curve to the right.
C) increase, shifting the demand curve to the left.
D) increase, shifting the demand curve to the right.
Correct Answer:
Verified
Q74: If romaine lettuce and iceberg lettuce are
Q75: Michael graduates from college and his income
Q76: Coke and Pepsi are substitute soft drinks.
Q77: As the population of elderly in the
Q78: For an inferior good, higher income results
Q80: For a normal good, higher income results
Q81: As world coal prices rise due to
Q82: Which of the following would cause the
Q83: Which of the following are likely to
Q84: If the price of swimming pools decreases,
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