menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 22: The Theory of Consumer Choice
  5. Question
    Second-Hand Clothing Is an Example of a Normal Good
Solved

Second-Hand Clothing Is an Example of a Normal Good

Question 118

Question 118

True/False

Second-hand clothing is an example of a normal good.

Correct Answer:

verifed

Verified

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

Related Questions

Q113: Refer to the information provided.If Amy decides

Q114: The income effect is the change in

Q115: Which of the following statements is correct?

Q116: Giffen goods are characterised by upward sloping

Q117: The indifference curves of perfect substitutes are:<br>A)straight

Q119: The substitution effect from an increase in

Q120: Refer to the information provided.If the interest

Q121: When the price of a good increases,

Q122: What is a Giffen good and does

Q123: If the consumption of one good is

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