Price will always exceed marginal cost for the profit-maximizing monopolist, or any price-setter firm for that matter

Explain which of the following count as money

a. a check in Ann's checkbook b. currency in Ann's bank c. currency in Ann's purse d. Ann's checking deposit

In the above figure, as Brendan's income rises his consumption bundle moves from point A to point B. This implies that for Brendan, compact discs are ________ good and haircuts are ________ good

A) a normal; an inferior B) a normal; a normal C) an inferior; an inferior D) an inferior; a normal