Inferior Good - A good that increases demand when consumer income decrease.Question 4AnswerTrueFalse
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Inferior Good - A good that increases demand when consumer income decrease.Question 4AnswerTrueFalse
Inferior Good - A good that increases demand when consumer income decrease.Question 6AnswerTrueFalse
______ is a type of good for which demand increases as its price rises ?Giffen Good Capital Good Consumer Good none
_____ is a type of good for which demand increases as its price rises ?Giffen Good Capital Good Consumer Good none
Which term describes a demand curve that shows that no consumer will buy a good if the price increases even a little?A.FlatB.SteepC.HorizontalD.Vertical