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 61 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
Thanks for the timely response, appreciate it


kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

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

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

For a complete list of videos, visit our video library