Economists have observed that when average incomes increase, purchases of fast food tends to decline.
Based on this information, what can we definitely say about fast food?
Choose 1 answer:
(A) Demand for fast food is upward sloping
B) Fast food has no substitutes
(c) The price of a complement to fast food has risen
(D) Fast food is an inferior good
(E) Fast food is a normal good
Not the question you are looking for? Ask here!
Enter question by text
Enter question by image
Unlock Smarter Learning with AskSia Super!
Join Super, our all-in-one AI solution that can greatly improve your learning efficiency.