Solved

Turnips Are an Inferior Good

Question 61

Multiple Choice

Turnips are an inferior good. If nothing else changes, a rise in the price of turnips causes


A) a leftward shift in the demand curve for turnips.
B) a rightward shift in the demand curve for turnips.
C) a leftward shift in the supply curve of turnips.
D) a rightward shift in the supply curve of turnips.
E) none of the above.

Correct Answer:

verifed

Verified

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

Related Questions