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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1127931
Introduction to Economics 1 Deneme Sınavı Sorusu #1127931
If public transportation is an inferior good and the fee for this service rises, then holding all else constant, what will happen?
If public transportation is an inferior good and the fee for this service rises, then holding all else constant, what will happen?
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Demand for public transportation will rise. |
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Quantity demanded of public transportation will fall. |
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Demand for public transportation will fall. |
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Quantity demanded of public transportation will rise. |
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Supply of public transportation will fall. |
Yanıt Açıklaması:
Change in price of a good does not lead to a shift in the demand curve. Quantity demanded of public transportation fall.
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