Economics Question
(23) If Yεd = (+) 1.3, then the good is …
(a) a normal good, that...
Engineering, 14.12.2021 14:30 Anonymousmike
Economics Question
(23) If Yεd = (+) 1.3, then the good is …
(a) a normal good, that is inelastic.
(b) an inferior good, that is elastic.
(c) a normal good, that is elastic.
(d) an inferior good, that is inelastic.
(e) none of the above.
Answers: 3
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