Advanced Placement (AP)

If the demand for bubble gum falls when people’s income rises, then bubble gum is

a) a normal good.

b) an inferior good.

c) a substitute good.

d) a complementary good.

e) a preferred good.

answer
Answers: 1

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If the demand for bubble gum falls when people’s income rises, then bubble gum is

a) a n...

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