Incomes rise in a town and families buy more cars. A car is therefore a:

Question

Accepted Answer

C. Normal good

1. Demand moved the same way as income.
2. Rising income brought rising demand.
3. That makes a car a normal good.
_Source: OpenStax Principles of Microeconomics 3e, Chapter 3, Demand and Supply._

Answer

Novel good

Answer

Nightly good

Answer

Narrow good

Incomes rise in a town and families buy more cars. A car is therefore a:

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