gchapman9232 gchapman9232

01-02-2022
Business

contestada

The incomes of consumers goes up. If higher incomes lead to greater demand, you are assuming tennis rackets are a ____________ good

Respuesta :

ewomazinoade ewomazinoade

09-02-2022

Tennis rackets are a normal good.

What is a normal good?

A normal good is a good that has a positive relationship with income. When income increases, the demand for the good increases and when income declines, the demand for the good declines.

On the other hand, an inferior good is a good that has a negative relationship with income. When income increases, the demand for the good decreases and when income declines, the demand for the good increases.

To learn more about normal goods, please check: https://brainly.com/question/2934596

Answer Link

Otras preguntas

A person died leaving behind inheritance of Rs. 300000. Distribute the amount among 4 sons and 3 daughters so that each son gets double of what a daughter get

Can anyone help me with problem 5

Which historical event was greatly responsible for global stratification as we see it today? question 11 options: 1) world war i 2) the fall of the british empi

If 1,000 students take a test that has a mean of 40 minutes, a standard deviation of 8 minutes, and is normally distributed, how many would you expect would fin

which of the following could not be a value of n?

Identify the polynomial written in ascending order. (1 point) 3x3− 5x2+ 4x − 7 −5x2+ 4x + 3x3− 7 −7 + 4x − 5x2+ 3x3 4x + 3x3− 7 − 5x2

Please Help! Given that line s is perpendicular to line t, which statements must be true of the two lines? Check all that apply. a.Lines s and t have slopes t

Paige pays $532 per month for 5 years for a car. she made a down payment of $3,700.00. if the loan costs 7.1% per year compounded monthly, what was the cash pri

How is haemoglobin associated with respiration?

the center of a circle on a cordinate plane is located at the point (2,-1). one endpoint of the diameter is located (0,-2). what are the coordinates of the othe

ACCESS MORE EDU ACCESS