Suppose That When Income Rises,the Demand Curve for Doctor's Visits

question 59

Multiple Choice

Suppose that when income rises,the demand curve for doctor's visits shifts to the right.In this case,we know doctor's visits are

• A)inferior goods.
• B)normal goods.
• C)perfectly competitive goods.
• D)durable goods.

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Definitions:

Irrigation Pump

A device utilized to move water from one location to another, often used in agriculture to water crops by delivering water to fields.

Growing Cotton

The agricultural process of cultivating the cotton plant, which is harvested for its fibers, used in textile production.

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An entitlement or permission protected and enforced by law.

Life Estate

A property interest that lasts for the life of a specific individual, after which the property passes to another designated person or entity.