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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If income increases and the demand for bus rides decreases,
A) bus rides are a normal good.
B) consumers are behaving irrationally.
C) bus rides are an inferior good.
D) bus rides are a substitute good.
E) bus rides must be a complement good with some other good.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 613 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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DropxDropx
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Posts: 1991
8 years ago
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8 years ago
Another success story!

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