rylieisboss368 rylieisboss368
  • 03-01-2020
  • Business
contestada

If demand shifts to the right when income increases, we can conclude that the good is:_____

Respuesta :

ogundeyiolaide ogundeyiolaide
  • 04-01-2020

Answer:

A normal good

Explanation:

Normal goods are goods that are demanded as income level rises. With a higher income level, a rational consumer is expected to have more purchasing power and demand more of a good that is considered normal (hence the name).

Goods that are demanded less as income rises are termed inferior goods. They are the direct opposite of normal goods.

Answer Link

Otras preguntas

I launch 2 projectiles at the same angle. The first one was launched with a horizontal speed of 10 m/s. The second was launched at a speed of 20 m/s. 1. Which o
Can Someone help plz?
A biker traveled 20 miles in 4 hours. A unit rate to describe this would be 5 miles per hour. What is another unit rate in this situation? 1/5 mile per hour 1/
1.25 g of calcium chloride has how many grams of Ca.
Please help ASAP!! Answers are appreciated!!
Is salt an important part of the human diet? Why or why not?
calculate. thee. volume. of a. cylindrical. steel by which is 8 cm long and 3.5 cm in diameter​
Which relation is a function? A. {(2, 3), (1, 5), (2, 7)} B. {(-1, 5), (-2, 6), (-3, 7)} C. {(11, 9), (11, 5), (9, 3)} D. {(3, 8), (0, 8), (3, -2)} Reset
Please help me out!​
6th grade!!! 50 PTS! what is the metaphor comparing? from the book hatchet by gary paulsen!!!!!!!!! (multiple choice question)