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90daytona 90daytona
wrote...
Posts: 73
Rep: 1 0
6 years ago
Alice’s initial demand for potatoes can be represented by the following equation where Q is
the quantity of potatoes and P is the price of potatoes:
Q = 4 – P
When Alice’s income decreases, her demand for potatoes changes to the equation:
P = 3 – 2Q
Given this information and holding everything else constant, we can conclude that potatoes are
a/an _________ good for Alice.

a) inferior
b) normal
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wrote...
Staff Member
6 years ago
b) normal
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