Which of the following varies along a given demand curve?
a. consumer preferences
b. prices of substitutes
c. prices of complements
d. the price of the good itself
e. income
D
Economics
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If the quantity demanded for a good rises as income rises then the income elasticity of demand for this good is ________ than 0, and the good is ________ good
A) less; an inferior B) less; a normal C) greater; a normal D) greater; an inferior
Economics
Governments typically exercise moral judgment in levying excise taxes
Indicate whether the statement is true or false
Economics