A recession occurs and people's incomes decrease. Knowing that an ...

[penza]

A recession occurs and people's incomes decrease. Knowing that an iPad is a normal good, you predict that the demand for an iPad
 
  A) increases.
  B) decreases.
  C) might increase or decrease.
  D) remains unchanged.

Question 2

Consumer sovereignty is the view that consumers have the right to choose ________ and the government should not interfere with these choices.
 
  A) which goods should be subsidized
  B) which goods they will consume
  C) the price that they will pay for a good
  D) which goods should be taxed

[emily12345]

Answer to Question 1

B

Answer to Question 2

B

[penza]

Thank you

[emily12345]

No problemo