If an increase in income induces a reduction in... - JAMB Economics 1990 Question
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
Ask EduPadi AI for a Detailed Answer
Correct Option: B
Please share this, thanks:
#JAMB #JAMB
Add your answer
No responses