If an increase in the price of blue jeans (u j) leads to a decrease in the demand for tennis shoes ( l ), then blue jeans and tennis shoes are a. Normal goods. O b. Inferior goods. C. Substitutes. O...


If an increase in the price of blue jeans (u j) leads to a<br>decrease in the demand for tennis shoes ( l ), then<br>blue jeans and tennis shoes are<br>a. Normal goods.<br>O b. Inferior goods.<br>C. Substitutes.<br>O d. Complements.<br>Clear my cholce<br>To say that Falafel is inferior good means that the income<br>elasticity<br>

Extracted text: If an increase in the price of blue jeans (u j) leads to a decrease in the demand for tennis shoes ( l ), then blue jeans and tennis shoes are a. Normal goods. O b. Inferior goods. C. Substitutes. O d. Complements. Clear my cholce To say that Falafel is inferior good means that the income elasticity

Jun 11, 2022
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