menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics and Business Strategy Study Set 1
  4. Exam
    Exam 2: Market Forces: Demand and Supply
  5. Question
    Which of the Following Is Probably NOT a Normal Good
Solved

Which of the Following Is Probably NOT a Normal Good

Question 87

Question 87

Multiple Choice

Which of the following is probably NOT a normal good?


A) Designer dresses
B) Lobster
C) Macaroni and cheese
D) Expensive automobiles

Correct Answer:

verifed

Verified

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

Related Questions

Q82: Which of the following pairs of goods

Q83: If a shortage exists in a market,the

Q84: Suppose supply decreases and demand increases.What effect

Q85: The economic principle that producers are willing

Q86: The demand function recognizes that the quantity

Q88: Consider a market characterized by the following

Q89: The maximum legal price that can be

Q90: Estimates suggest that the North American Free

Q91: The demand function:<br>A) describes how much of

Q92: The market supply curve indicates the total

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