If an increase in income induces a reduction in the demand for beans, beans can be referred to as?
A.
a normal good
B.
an inferior good
C.
a substitute good
D.
a giffen good
Correct Answer: Option B
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}