Author Question: If a decrease in the price of a good causes a rightward shift of the demand curve for that good, ... (Read 65 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?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

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.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

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.

For a complete list of videos, visit our video library