Sapling Learning For each example listed below, decide if the good is a nomal go

Question

Sapling Learning For each example listed below, decide if the good is a nomal good or an inferior good. Make sure you answer from the perspective of the individuals) doing the buying or consuming Billy's mom increases his weekly allowance by $5. As a result, Billy increases the number of apps he downloads on his smartphone. Smartphone apps are a(n) normal g gets a 15 percent performance bonus at work. She can y stop eating so many frozen pizzas and eat something more tasty. Frozen pizzas are a(n): Mike is an appliance salesman. Refrigerator sales in his store have fallen and so has his commission. Mike decides to switch from name brand cereal to generic cereal. Generic cereal is a(n) Hair stylist Molly loses a few of her clients. Molly cuts back on the number of smoothies she buys during the week. Smoothies are a(n) Scroll down for more questions She finds that college Professor Jones is an students eat less sushi when their incomes rise. Sushi is ain) Previous Give Up & View Solution Check Answer Next Hin MacBook Air 4) F1O F9 F8 F7

Explanation / Answer

For normal goods demand increases with increase in income, and decreases with decrease in income.

For inferior goods demand falls with increase in income, and rises with decrease in income.

- smartphone apps are normal goods

- frozen pizzas are inferior good

- generic cereal is an inferior good

- smoothies are normal goods

- Sushi is an inferior good.

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.