Which of the following goods are likely to be classified as normal goods or services? Inferior? Defend
Question:
Which of the following goods are likely to be classified as normal goods or services? Inferior? Defend your answer.
a. Beans
b. Tuxedos
c. Used cars
d. Used clothing
e. Computers
f. Books reviewed in The New York Times g. Macaroni and cheese h. Calculators i. Cigarettes j. Caviar k. Legal services LOP7
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Related Book For
Principles Of Macroeconomics
ISBN: 9780691170817
1st Edition
Authors: Libby Rittenberg, Timothy Tregarthen
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