Which of the following would increase the amount of an inferior good that buyers would like to purchase?
A) an increase in buyers' incomes
B) an increase in the price of a complement
C) a decrease in the price of a substitute
D) a decrease in buyers' incomes
E) a decrease in its expected future price
Correct Answer:
Verified
Q44: An increase in the population will lead
Q45: Which of the following would shift the
Q46: A substitute good is one that
A) appeals
Q47: When there is a change in demand,
A)
Q48: The economic model of demand
A) explains the
Q50: A good is said to be a
Q51: "As income rises,the demand for most goods
Q52: If the price of orange juice rises,the
Q53: An increase in buyers' incomes
A) increases the
Q54: When demand increases,
A) consumers are willing and
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