Multiple Choice
Jen does not care one way or another about blue jeans.In other words,blue jeans are a(n) _____ for Jen.
A) normal good
B) economic "bad"
C) economic "neuter"
D) inferior good
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q59: Table 3-1 shows the total utility from
Q60: Which of the products described below is
Q61: A set of indifference curves showing that
Q62: Which one of the following assumptions about
Q63: Indifference curves consistent with one good being
Q65: Define a normal good and an inferior
Q66: Marginal utility is _.<br>A)the amount that total
Q67: An indifference map shows the optimal consumption
Q68: Candies are on the vertical axis and
Q69: Suppose food is on the horizontal axis