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 70 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


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

 

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library