Title: Which of the following statements best describes an inferior good? Post by: AndrewKraus on May 22, 2017 Which of the following statements best describes an inferior good?
A) An inferior good is a good whose quantity supplied always exceeds the quantity demanded. B) An inferior good is a good whose demand decreases with an increase in consumers' income. C) An inferior good is a good that is sold at a subsidized price. D) An inferior good is a good that is rationed by the government. Title: Re: Which of the following statements best describes an inferior good? Post by: Sudzbury on May 22, 2017 Content hidden
Title: Re: Which of the following statements best describes an inferior good? Post by: AndrewKraus on Jun 24, 2017 This helps with my assignment big time
|