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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If a product is a normal good, then its income elasticity of demand is
A) zero.
B) positive.
C) negative.
D) indeterminate.
E) greater than 1.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 155 times
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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
Don't mention it Happy Dummy
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