Author Question: If a decrease in the price of a good causes a rightward shift of the demand curve for that good, ... (Read 35 times)

abern

  • Hero Member
  • *****
  • Posts: 533
If a decrease in the price of a good causes a rightward shift of the demand curve for that good, then it is an inferior good.
 a. True
  b. False

Question 2

The slope of the demand curve for a normal good must be positive.
 a. True
  b. False



stallen

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

For a complete list of videos, visit our video library