Can you tell whether a good is normal or inferior by looking at the shape of a

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Can you tell whether a good is normal or inferior by looking at the shape of a single indifference curve? Explain your answer.

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Microeconomics

ISBN: 9781464146978

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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Question Posted: Jan 13, 2016 02:35 AM

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Can you tell whether a good is normal or inferior by looking at the shape of a

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To conclude i can say that no An indifference cu...View the full answer

Microeconomics

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