Multiple Choice
Alan purchases 10 percent fewer bags of chips when his income decreases by 5 percent.Based on only this information,we know that for Alan
A) chips are a normal good.
B) chips are a complement to salsa.
C) chips are a substitute for pretzels.
D) chips are an inferior good.
E) the price of chips fell.
Correct Answer:
Verified
Correct Answer:
Verified
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