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djsmyers djsmyers
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Posts: 764
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6 years ago
There are only two goods for John to consume: food and clothing. If clothing is an inferior good for John when his income rises to $100,000, then food is
A) also an inferior good.
B) a normal good.
C) Either inferior or normal could be possible.
D) Not enough information
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 289 times
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unExpectedunExpected
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Posts: 267
6 years ago
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* Majoring in business & math

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wrote...
4 years ago
thanks
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