Author Question: The income effect for an inferior good A) is negative. B) is zero. C) is positive. D) could be ... (Read 65 times)

Redwolflake15 · **on:** Jun 29, 2018

The income effect for an inferior good

A) is negative.
B) is zero.
C) is positive.
D) could be negative, zero, or positive.

Question 2

A situation where a union bargains with a monopsony employer is termed a

A) bilateral monopsony.
B) bilateral monopoly.
C) bilateral agreement.
D) unilateral agreement.