Multiple Choice
In economic terminology, an inferior good is a good
A) that no one will purchase.
B) that doesn't work properly.
C) that has no monetary value.
D) for which demand increases as income decreases.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q90: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q91: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -According to the
Q92: If an increase in the incomes of
Q93: The price of a gallon of gasoline
Q94: If a good is a normal good,
Q96: Mary increases her consumption of Good X
Q97: Distinguish between a change in quantity supplied
Q98: Which of the following will NOT cause
Q99: Which of the following is TRUE of
Q100: A demand schedule<br>A) holds all prices constant.<br>B)