When economists speak of normal goods they mean goods for which
A) the demand curve slopes downward.
B) marginal utility is positive.
C) marginal utility decreases as consumption increases.
D) demand decreases when incomes fall.
D
Economics
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Which of the following is not considered a factor that contributes to economic growth?
a. increased labor productivity b. increased infant mortality rates c. technological advances d. the migration of resources from areas of low productivity to areas of high productivity
Economics
Which of the following economic systems abolishes all private property?
a. communism b. socialism c. fascism d. All of these.
Economics