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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
About six months ago, Pat lost the job as vice president of a local bank. Since losing the job, Pat still has the Sunday newspaper delivered every week. For Pat, the Sunday newspaper is
A) income inelastic.
B) price inelastic.
C) an inferior good.
D) a normal good because Pat still buys the paper even with a big loss of income.
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4095
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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