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Author Question: If movies are an inferior good, movie attendance will rise when consumer incomes fall. a. True b. ... (Read 110 times)

renzo156

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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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Answer to Question 1

True

Answer to Question 2

True




renzo156

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


okolip

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Reply 3 on: Yesterday
:D TYSM

 

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