A good is said to be inferior if its demand?

Economics JAMB 1997

A good is said to be inferior if its demand?

  • rises as it price rises
  • falls as it price rises checkmark
  • rises as it price falls
  • is perfectly inelastic

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment