nainai181 nainai181
  • 13-08-2018
  • Social Studies
contestada

The term inferior goods refer to what kind of goods

Respuesta :

tokyoghoul15
tokyoghoul15 tokyoghoul15
  • 13-08-2018

An inferior good is a type of good whose demand declines when income rises. In other words, demand of inferior goods is inversely related to the income of the consumer.

Answer Link
Аноним Аноним
  • 13-08-2018

An inferior good is a type of good whose demand declines when income rises. Basically, demand of inferior goods is inversely related to the income of the consumer.

Answer Link

Otras preguntas

on sara's computer, 3/8 of the hard drive is files. Of the files, 1/6 are games . What part of the hard drive is games?
What were the 4 major truths Jefferson presented in the declaration of independence?
A light plane flew from its home base to an airport 255 miles away. With a head wind, the trip took 1.7 hours. The return trip with a tail wind took 1.5 h
how have computers changed mapmaking in recent years
two methods of active transport
36 is _______% less than 60?
how have computers changed mapmaking in recent years
what are three ways water erodes the surface of earth
36 is _______% less than 60?
What were the 4 major truths Jefferson presented in the declaration of independence?