Harry's income declines, and as a result, he buys more pumpkin juice. Is pumpkin juice an...
Harry's income declines, and as a result, he buys more pumpkin juice. Is pumpkin juice an inferior or a normal good? What happens to Harry's demand curve for pumpkin juice?
Homework Answers
pumpkin juice is an inferior good in this case because Harry buys it more when there is decline in his income. As there is rise in demand for the pumpkin juice , so Harry's demand curve for pumpkin juice will shift to the right
the above is answer..
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Harry's income declines, and as a result, he buys more pumpkin
juice. Is pumpkin juice an...
Demand curves Concept Question 3.5 Question Help Mr. Hildago will experience a substantial increase in income...
Demand curves
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Demand curves
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