Answered: 4. A good (commodity) is called…

4. A good (commodity) is called "ánanferior good"):f: a. Sales are unaffected by income. b. Sales rise as income increases. X c. Sales decline as income decreases. X O None of the above.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

ChapterA: Working With Diagrams

Section: Chapter Questions

Problem 1QP

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Question

4. A good (commodity) is called "ánanferior good"):f:
a. Sales are unaffected by income.
b. Sales rise as income increases. X
c. Sales decline as income decreases. X
O None of the above.

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