The Table Below Shows the Quantities of Automobiles, Margarine, and Coffee

question 13

Multiple Choice

The table below shows the quantities of automobiles, margarine, and coffee purchased by Ted at different levels of income. Table 5.2
Based on the information given in Table 5.2, margarine is:

• A)an inferior good.
• B)a necessity.
• C)a normal good.
• D)a complementary good.
• E)a luxury good.

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Definitions:

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Software that is installed on your device’s internal storage.

Vertical Market Software

Software that’s developed for and customized to a specific industry’s needs (such as a wood inventory system for a sawmill) as opposed to software that’s useful across a range of industries (such as word processing software).

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A software application for image editing and photo retouching for use on Windows or MacOS computers, developed by Adobe Systems.