Goods for which demand is directly (positively) related to income are called ______. a) substitute goods b)

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Goods for which demand is directly (positively) related to income are called ______.

a) substitute goods

b) complementary goods

c) inferior goods

d) normal goods

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:01 AM

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Goods for which demand is directly (positively) related to income are called ______. a) substitute goods b)

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The correct answer is d normal goods Normal goods are goods for which demand is dire...View the full answer

Microeconomics

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