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Microeconomics: Principles & Policy

14th Edition
William J. Baumol + 2 others
Publisher: Cengage Learning
ISBN: 9781337794992
BuyFind

Microeconomics: Principles & Policy

14th Edition
William J. Baumol + 2 others
Publisher: Cengage Learning
ISBN: 9781337794992

Solutions

Chapter 4, Problem 6TY
Textbook Problem

Which of the following items are likely to be normal goods for a typical consumer? Which are likely to be inferior goods?

  1. Expensive perfume
  2. Paper plates.
  3. Secondhand clothing
  4. Overseas trips

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