Multiple Choice
If the demand for digital cameras increases when consumersʹ income rise, then digital cameras are
A) an inferior good.
B) a normal good.
C) a substitute good for video cameras.
D) a complement to video cameras.
Correct Answer:
Verified
Correct Answer:
Verified
Q299: Which of the following leads to a
Q300: Which of the following increases the demand
Q301: If the demand curve for bottled water
Q302: Inferior goods are those for which demand
Q303: Consider the market for broccoli. If the
Q305: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -Consider the demand
Q306: A decrease in the price of bowling
Q307: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The figure above
Q308: When the price of an inferior good
Q309: In the market for magazines, the ʺincome