This topic contains a solution. Click here to go to the answer

Author Question: Travel by bus and pawn-shop services would be expected to be examples of: a. normal goods. b. ... (Read 105 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
Travel by bus and pawn-shop services would be expected to be examples of:
 a. normal goods. b. inferior goods.
  c. substitute goods. d. complementary goods.

Question 2

Assuming that hamburger is an inferior good, an increase in consumer income, other things being equal, will cause a(n):
 a. upward movement along the demand curve for hamburger.
  b. rightward shift in the demand curve for hamburger.
  c. downward movement along the demand curve for hamburger.
  d. leftward shift in the demand curve for hamburger.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakeserpa

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

b

Answer to Question 2

d




nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
:D TYSM


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

For a complete list of videos, visit our video library