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nakungth nakungth
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7 years ago
Your income response for bicycle riding changes with the amount of income you earn.  At low levels of income, you view bicycle riding as an inferior good and substitute other types of transportation (e.g., auto travel) as your income rises.  However, you view bicycle riding as a normal good after your income rises above a particular level.  What shape does your Engel curve for bicycle riding have?
A) Vertical line
B) Horizontal line
C) C-shaped
D) Upward sloping
E) none of the above
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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7 years ago
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nakungth Author
wrote...

7 years ago
Correct Slight Smile TY
shimyshiguy
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
avance37
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2 hours ago
Thanks for your help!!
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