bearbo7040 bearbo7040
  • 13-01-2018
  • Business
contestada

When income increases and the demand for a good increases, the good is considered a?

Respuesta :

Kalahira
Kalahira Kalahira
  • 26-01-2018
The good will be considered a normal good. It is called a normal good because it would be only natural for a product or service to be desired if demand and income increases. Layoffs or other reasons for decreases in spending will cause the demand of the good to lower.
Answer Link

Otras preguntas

why do some recipes have high altitude directions?
53/7 as a mixed number
In the legend of Robin Hood, when King John takes the throne, the English noble Robin of Locksley turns ____________ and joins the outlaws of the forest.anterio
Use tide and tidal range in the same sentence.
Polygamous definition
Use the model to write an equivalent fraction 3 out of 4 = ______
What is the approximate volume of a cylinder with a height of 2 ft and a radius of 6 ft? Use 3.14 to approximate pi. Express your answer in hundredths.
which is greater 14/25 or 60%
Find the product. 8y 3(-3y 2)
In general, electronegativity increases from left to right across each row of the periodic table and also increases down each column