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If the demand for steak increases as income increases, this means that steak is a(n): Multiple Choice complementary good. normal good. inferior good. substitute good.
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If the demand for steak increases as income increases, this means that steak is a(n): Multiple Choice complementary good. normal good. inferior good. substitute good.

User Sirian
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1 Answer

13 votes
13 votes

Answer:

i believe the answer is NORMAL GOODS

Step-by-step explanation:

A normal good is a good that experiences an increase in its demand due to a rise in consumers income.

Hope this helps !

User Andrey Taritsyn
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