Multiple Choice
If a decrease in the price of gasoline increases the demand for large cars, then
A) gasoline is an inferior good.
B) gasoline and large cars are substitutes in consumption.
C) large cars are an inferior good.
D) gasoline and large cars are complements in consumption.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures
Q326: Gruel is an inferior good. Hence, a
Q327: As a result of an increase in
Q328: The law of demand states that<br>A) a
Q329: You observe that in the market for
Q330: A decrease in the quantity supplied is
Q333: The price of a DVD rental is
Q336: Which of the following could result in
Q381: The law of demand implies that demand
Q393: Your friend Tony opened a pizzeria. You