Multiple Choice
If your purchases of shoes decrease from 11 pairs per year to 9 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:
Verified
Correct Answer:
Verified
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