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

Author Question: If movies are an inferior good, movie attendance will rise when consumer incomes fall. a. True b. ... (Read 67 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
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
Answer to Question 1

True

Answer to Question 2

True




renzo156

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


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library