Multiple Choice
At the end of the recession in 2009, as incomes recovered, sales of Alcool NB Liquor's own brand of low-priced beer were low.At the same time sales of premium products rose.The decrease in demand for Alcool NB Liquor's low-priced beer despite the increase in incomes indicates that this brand of beer is considered a(n)
A) normal good.
B) inferior good.
C) complementary good.
D) substitute good.
Correct Answer:

Verified
Correct Answer:
Verified
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