dylanksarantos52 dylanksarantos52
  • 01-04-2019
  • Social Studies
contestada

when people buy less of a certain good as their income increases, this good is considered

Respuesta :

felipe92nava
felipe92nava felipe92nava
  • 03-09-2019

Answer:

An inferior good

Explanation:

When a good has a more expensive substitute (either because it is of better quality or gives you more status) and it's demand increases when the income improves we can figure out which the inferior goods are. The inferior goods are the ones that are replaced when this occur. So the demand drops when the income improves.  

Answer Link

Otras preguntas

PLEASE HELP ASAP!!! I NEED HELP
Solve the following simultaneous equation by using an algebraic method (either substitution or elimination) 2x + 3y=-4 4x-y=11
The following sentence contains what type of conjunction? He is not only a great player but also an exceptional coach
Which of the following sex and generation combinations directly produces the pollen tube of angiosperms?A) male gametophyteB) female gametophyteC) male sporophy
Which describes the difference between the graph of f(x)=x^2 and g(x)=-(x^2-2)
What is the frequency of the sinusoidal graph?
Background Information: This is an article by Will Irvin, a correspondent for the New York Tribune. Irvin wrote this piece in April 1915, while reporting from t
(2x-3)(3x+4) expand and simplify
Does anyone know how to solve and graph this:4 + | a + 2 | < 7The only part I don't get is the "4 +"
¿que tiene ben ? > answer 1. una vespa answer 2. una moto muy grande