This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If movies are an inferior good, movie attendance will rise when consumer incomes fall. a. True b. ... (Read 81 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
on: Jun 30, 2018
If movies are an inferior good, movie attendance will rise when consumer incomes fall.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If a vacation in Paris is a normal good, other things being equal, an increase in consumer income will increase the demand for travel to Paris.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nicoleclaire22

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


renzo156

  • Member
  • Posts: 526
Reply 2 on: Jun 30, 2018
Gracias!

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Elk wintering in Jackson Hole, Wyoming after migrating there during the fall Elk wintering in Jackson Hole, Wyoming after migrating there during the fall
Take a good look at this woman Take a good look at this woman
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
Apply thumb pressure to points along the spine bilaterally from superior or inferior. Keep your ... Apply thumb pressure to points along the spine bilaterally from superior or inferior. Keep your ...
Rising sea level: Some areas will be affected by a rise of just 40 cm Rising sea level: Some areas will be affected by a rise of just 40 cm
True Dover Sole True Dover Sole
Video: Hormonal feedback loop components & Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library