Question

The quantity demanded for cosmetic surgery increased by 12 percent following a period of strong economic growth that raised consumer income by 4 percent. What type of good is cosmetic surgery?

Answer 1

Answer:

A normal good

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls. For normal goods, income and quantity demanded are positively correlated.

When income increased, the quantity demeaned for cosmetic surgery also increased. So, this is a normal good