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Home Q & A Board Other Fields Homework Help Business Economics
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thanhha78 thanhha78
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7 years ago
If the quantity demanded of peanut butter falls by 12% when income rises by 10%, then peanut butter is
A) a normal good.
B) income-elastic demand.
C) an inferior good.
D) both A and C
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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thanhha78 Author
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#2
6 years ago
Can't thank you enough for this, appreciate it!
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