A Normal Good Would Have a Positive Price-Elasticity of Demand

question 248

True/False

A normal good would have a positive price-elasticity of demand.

---

Definitions:

Rock Layers

Strata or sequences of sedimentary rocks arranged in chronological order, providing a record of the Earth's geological and evolutionary history.

Homologous Traits

Features in different species that are similar because they were inherited from a common ancestor.

Common Ancestor

The newest common progenitor of all entities within a specified group.

Different Species

Distinct groups of organisms that are classified separately due to important differences in physical, genetic, or behavioral traits.