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Sublight2097 Sublight2097
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9 years ago
Suppose Carmen buys ramen noodles. To determine whether ramen noodles are a normal or inferior good for her, we must observe how Carmen
A) responds to a change in the price of a substitute for ramen noodles.
B) responds to a change in the price of a complement for ramen noodles.
C) responds to a change in the price of ramen noodles itself.
D) responds to a change in her income.
E) responds to all of the above.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Another one in the books, marking it solved.
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#3
8 years ago
Thanks for the feedback Slight Smile
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