An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for bi

Question

Kaylis [27]

2 years ago

12

An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for bi

cycles. This prediction assumes that.

Business

1 answer:

NeX [460] · Answer 1 · 2023-08-10T16:37:45+03:00

NeX [460]2 years ago

5 0

Answer:

An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for bicycles. This prediction assumes that: bicycles are normal goods.