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

which is the largest city in the world ......​
which of the following group is incorrectly paired with an example of that group ​
What is animal tissue??is any boudy zinda here??in between good morning how are you all​
Solve for x Answer choices: 4 5 8 3 2
How can we do our homework faster without dirty handwriting​
what is context of poster" We Can Do It!"? ​
Solids have_____ density and_____ compressibility compared to liquids.
HELP ASAP The figure shows two parallel lines AB and DE cut by the transversals AE and BD. Which best explains the relationship between triangle ABC and trian
Will Mark Brainlest Help Please ,,,,​
Tobacco farming was labor-intensive, so the Virginia colony's economy developed a need for African slaves. True or false