Multiple Choice
Kayla and Jada are roommates in New York City. Both Kayla and Jada recently received raises. Kayla now buys more album downloads than before, but Jada buys fewer. Kayla behaves as if album downloads are _____ goods, and Jada's income elasticity of demand for album downloads is _____.
A) normal; positive
B) normal; negative
C) inferior; positive
D) inferior; negative
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Tomas produces 100 cartons of free range
Q42: Other things being equal,the price elasticity of
Q107: Suppose the price of barley increases by
Q136: Suppose at $10 the quantity demanded is
Q138: A group of dairy farmers is trying
Q190: The price of gasoline rises 5% and
Q217: The demand for strawberry ice cream tends
Q218: The price of notebooks is $5, and
Q220: The mayor advocates raising the entrance fee
Q225: If an increase in income leads to