19.2k views
1 vote
You lose your job and as a result, you buy fewer mystery books. This shows that you consider mystery books to be a/an a. inferior good. b. complementary good c. luxury good d. normal good.

User Pericles
by
7.4k points

1 Answer

1 vote

Answer:

You lose your job and as a result, you buy fewer mystery books. This shows that you consider mystery books to be a/an

c. luxury good

Step-by-step explanation:

The demand for a luxury good increases with increasing income. A higher proportion of the income is spent on the good than under normal circumstances. An inferior good is one whose demand, on the other hand, drops when income rises. A normal good is a necessity unlike a luxury good. A complementary good is demanded with its complement because the two goods go together. Bread and butter are complementary goods.

User Petr Kozelek
by
7.0k points