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explain the difference between a normal good and an inferior good
Question
Asked 10/11/2013 1:43:01 PM
Updated 228 days ago|3/29/2018 10:03:12 AM
1 Answer/Comment
Flagged by Janet17 [3/29/2018 10:02:34 AM]
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User: explain the difference between a normal good and an inferior good

Question
Asked 10/11/2013 1:43:01 PM
Updated 228 days ago|3/29/2018 10:03:12 AM
1 Answer/Comment
Flagged by Janet17 [3/29/2018 10:02:34 AM]
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3
Normal goods increase in demand as the income of the consumer increases, while inferior goods decrease in demand as the income increases. -is the difference between a normal good and an inferior good.
Added 228 days ago|3/29/2018 10:03:12 AM
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