If the demand for computer software rises as incomes rise,then computer software is a (an)
A) inferior good
B) substitute (good)for computers
C) normal good
D) complement (good)for computers
E) c and d

Question

Quizplus · Accepted Answer

If the demand for computer software rises as incomes rise, it indicates that computer software is a normal good. In this case, as people's incomes increase, they are willing to spend more on computer software, which leads to an increase in demand. This is because the software is a useful tool in many areas of modern life, and people are willing to pay for the convenience and efficiency it provides.

If the Demand for Computer Software Rises as Incomes Rise,then