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 108 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
Excellent


tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library