Managerial Economics

1:

A product that enjoys rapidly growing demand over time is likely to be

A.

an inferior good.

B.

a noncyclical normal good.

C.

a cyclical normal good.

D.

neither a normal nor an inferior good.

 

Answer : C

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.