A Normal Good Is Defined as a Good

question 190

Multiple Choice

A normal good is defined as a good

• A) with a downward sloping demand curve.
• B) for which demand increases when the price of a substitute rises.
• C) for which demand increases when income increases.
• D) for which demand increases when the number of demanders increases.
• E) for which demand increases when the price of a complement falls.

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