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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If a good is inferior, then it has an income elasticity of demand that is
A) equal to zero.
B) greater than zero.
C) less than zero.
D) greater than one.
E) undefined.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 207 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
wrote...
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Posts: 5500
8 years ago
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8 years ago
Don't mention it Happy Dummy
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