A manager can determine if her product is viewed as a normal good or an inferior good by considering
A) price elasticity.
B) cross elasticity.
C) income elasticity.
D) advertising elasticity.
C
Economics
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The principle involved in short-run uncovered interest parity is that home interest rates will be equal to:
A) the world equilibrium real rate of interest. B) the foreign interest rate minus foreign inflation. C) the foreign rate of interest plus the expected rate of depreciation of the home currency. D) the domestic nominal rate of interest plus domestic inflation.
Economics
Refer to Figure 7-1. The market equilibrium quantity is ________ thousand vaccinations
A) 100 B) 200 C) 300 D) >300
Economics