Solved

If Your Income Increases and Your Consumption of a Good

Question 41

Multiple Choice

If your income increases and your consumption of a good increases, for you that good is considered:

A) negative.
B) positive.
C) inferior.
D) normal.

Related Questions

Q6: There is one gas station in a

Q36: If the percentage change in the quantity

Q38: If a good has a price-inelastic demand,

Q40: If you know the cross-price elasticity between

Q42: Suppose you are told that the short-run

Q43: If a good is very inexpensive but

Q43: Suppose the price elasticity of demand for

Q45: The pair of items that is likely

Q155: When the percentage change in quantity demanded

Q170: If the price of burritos increases from