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Author Question: Necessities and luxuries are both types of normal goods. a. True b. ... (Read 89 times)

Shelles

  • Hero Member
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  • Posts: 582
on: Jul 1, 2018
Necessities and luxuries are both types of normal goods.
 a. True
  b. False

Question 2

If income rises and the demand for toothbrushes stays the same, income elasticity of toothbrushes is said to be unit elastic.
 a. True
  b. False


juwms

  • Sr. Member
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  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


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