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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If a product is an inferior good, then its income elasticity of demand is
A) zero.
B) positive.
C) negative.
D) indeterminate.
E) undefined.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 253 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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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
You're welcome Happy Dummy
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