menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics
  4. Exam
    Exam 4: Demand and Behavior in Markets
  5. Question
    A Normal Good Is a Good Whose Demand Curve
Solved

A Normal Good Is a Good Whose Demand Curve

Question 6

Question 6

Multiple Choice

A normal good is a good whose demand curve


A) is upward sloping
B) is downward sloping
C) jumps from one point on the quantity axis to another, leaving a gap

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: The quantity of a good that people

Q2: When the price of a good increases,

Q3: The impact of an income-induced change in

Q4: On the vertical axis of a demand

Q5: If a price decrease causes income and

Q7: On the horizontal axis of a demand

Q8: A price-consumption path is drawn by connecting

Q9: When markets are large and competitive, the

Q10: A demand curve represents graphically the relationship

Q11: What happens to the substitution and income

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines