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Author Question: If movies are an inferior good, movie attendance will rise when consumer incomes fall. a. True b. ... (Read 83 times)

renzo156

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  • 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


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nicoleclaire22

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


renzo156

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  • Posts: 526
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

mochi09

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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