Multiple Choice
Last year,Sheila bought 6 pairs of shoes when her income was $40,000.This year,her income is $50,000 and she purchased 10 pairs of shoes.Holding other factors constant,it follows that Sheila
A) considers shoes to be a necessity.
B) considers shoes to be an inferior good.
C) considers shoes to be a normal good.
D) has a low price elasticity of demand for shoes.
Correct Answer:

Verified
Correct Answer:
Verified
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