A normal good is a good for which demand
A) decreases when income increases.
B) increases when income increases.
C) decreases when population increases.
D) increases when population increases.
B
Economics
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________ taxes are taxes paid when purchasing specific goods such as alcohol, tobacco, and gasoline
A) Property B) Payroll C) Wealth D) Excise
Economics
Which of the following is the correct formula to calculate productivity?
a. Output + quantity of input b. Output ? quantity of input c. Quantity of input ÷ output d. Output ÷ quantity of input e. Output × quantity of input
Economics