Landon demands more sushi as his income increases. From this we can conclude that, for Landon
A) sushi is a normal good. B) sushi is a substitute good.
C) sushi is a complementary good. D) sushi is an inferior good.
A
Economics
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What would happen in the market for rice if its demand increased but the price was NOT allowed to change?
A) There would be a surplus of rice. B) There would be a shortage of rice. C) The supply of rice would increase. D) The supply of rice would decrease.
Economics
Other things equal, the optimal number of immigrants will be greater, the:
A. greater the education and skill level of immigrants. B. lower the education and skill level of immigrants. C. higher the unemployment rate of the destination nation. D. greater the fiscal burden of each immigrant.
Economics