Turnips are an inferior good. If nothing else changes, a rise in the price of turnips causes
A) a leftward shift in the demand curve for turnips.
B) a rightward shift in the demand curve for turnips.
C) a leftward shift in the supply curve of turnips.
D) a rightward shift in the supply curve of turnips.
E) none of the above.
Correct Answer:
Verified
Q129: An increase in demand is represented by
Q130: Q131: Which "other things" are not kept constant Q132: If a rise in the price of Q133: A decrease in quantity demanded is represented Q135: Demand for gasoline increases on Fridays because![]()
A)
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