Multiple Choice
When Brenda was in college,she worked part-time delivering pizzas and she ate five boxes of macaroni and cheese per week.After graduation,she became a high school teacher and ate only two boxes of macaroni and cheese per week.From this information,
A) macaroni and cheese is a normal good for Brenda
B) the law of demand applies to macaroni and cheese for Brenda
C) macaroni and cheese are substitute goods
D) macaroni and cheese is an inferior good for Brenda
E) Brenda's income elasticity of demand for macaroni and cheese is positive
Correct Answer:

Verified
Correct Answer:
Verified
Q87: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3973/.jpg" alt=" -Figure 5-11 shows
Q88: The price elasticity of supply<br>A)is a number
Q89: For which of the following medical services
Q90: If the cross-price elasticity of demand between
Q91: The long-run price elasticity of demand for
Q93: If demand is price inelastic,<br>A)price and total
Q94: With an income elasticity of demand of
Q95: A more elastic demand for a good
Q96: Demand is said to be price inelastic
Q97: The price elasticity of demand is<br>A)irrelevant to