Multiple Choice
What will happen to the demand for beers such as Natural Light,Coors Light and Bud Light near college towns if students' income increased tremendously?
A) Demand will fall because students love these beers
B) Demand will fall because these beers are considered inferior goods
C) Demand will rise because these beers are considered inferior goods
D) Demand will not change as students are already maximizing their drinking capacity
Correct Answer:
Verified
Correct Answer:
Verified
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