Solved

If Your Purchases of Shoes Increase from 9 Pairs Per

Question 252

Multiple Choice

If your purchases of shoes increase from 9 pairs per year to 11 pairs per year when your income increases from $19,000 to $21,000 a year, other things equal, for you, shoes are considered:


A) a normal good.
B) an inferior good.
C) a complementary good.
D) a substitute good.

Correct Answer:

verifed

Verified

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

Related Questions