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If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good. . true or false

If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good. . true or false
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If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good.

. true or false

User DoRivard
by
7.8k points

2 Answers

2 votes
false hope this helps
User Latanius
by
7.8k points
5 votes
False.
hope it help's you

User Cumul
by
8.9k points
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