Author Question: If tofu is a normal good, an increase in income will: a. cause tofu to sell at a lower price. b. ... (Read 146 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
If tofu is a normal good, an increase in income will:
 a. cause tofu to sell at a lower price.
  b. increase the production of tofu.
  c. shift the demand curve for tofu to the left.
  d. shift the demand curve for tofu to the right.
  e. rotate the supply curve in a clockwise manner.

Question 2

If an individual's income increases, then the demand for a normal good will:
 a. decrease.
  b. increase.
  c. remain constant.
  d. rotate.
  e. fall to zero.



Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library