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soldier1979 [14.2K]
3 years ago
13

prince is curently consuming some of good X and some of good Y. If good Y is a normal good for Prince, then an increase in his i

ncome will definitely cause him to a. increase his consumption of X 13. b. increase his consumption of Y. 14 c. decrease his consumption of X 15 d. decrease his consumption of Y
Business
1 answer:
cricket20 [7]3 years ago
4 0

Answer:

b. increase his consumption of Y.

Explanation:

A normal good is a good whose demand increases when income rises and falls when income falls.

If good Y is a normal good, Prince would increases its consumption when income rises.

I hope my answer helps you

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Which housing option gives you more freedom and more responsibility?.
Vladimir [108]

Answer:

Owning housing option gives you more freedom and more responsibilities.

Explanation:

Owning a house has the following benefits:

• more freedom

• more responsibilities

• lower costs in long-term high appreciation value

Renting housing option factors are as

follows:

• less freedom

• less responsibilities

higher costs in long-term

• more flexibility

As per the above question,

6 0
2 years ago
Most goods can be classified as normal goods rather than inferior goods. The definition of a normal good means that:
ra1l [238]

Answer:

A normal good is a good whose demand increases when income increases

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

Inferior goods are goods whose demand falls when income rises and increases when income falls.

For example, if when your income was $100,000 per annum, you had one car but when it increased to $500,000, you bought two more cars. Car is a normal good

6 0
2 years ago
Which best explains what a credit score represents?
viktelen [127]
<span>It's an indication of how promptly you pay off your debts.</span>
5 0
3 years ago
Now replay the animation but focus on the orange arrows. what occurs every time an orange arrow is released?
pav-90 [236]

Now replay the animation but awareness of the orange arrows' strength that happens each time an orange arrow is launched.

Animation is a method in which figures are manipulated to appear as moving photos. In traditional animation, pix are drawn or painted by way of hand on transparent celluloid sheets to be photographed and exhibited on film. today, maximum animations are made with computer-generated imagery (CGI).

Animation facilitates deepen visible understanding better than traditional diagrams. Animation omits pointless verbiage and visuals. It permits you to talk thoughts quickly and sharply. Animation is a value-saving conversation strategy.

Animation works by means of the use of an optical phantasm. By offering a series of nevertheless images in brief enough succession, the viewer interprets them as a non-stop transferring image. this is the identical principle that permits live motion filmmaking and projection to paintings.

Learn more about Animation here: brainly.com/question/18260878

#SPJ4

6 0
1 year ago
Consider a country in which most of the productive resources are collectively owned by the state. As this country moves toward a
Sedaia [141]

People often have property rights. we can expect economic growth to increase due to an upward movement along  the production function.

<h3> </h3><h3>What is property rights? </h3>
  • Property rights is known to be the theoretical and legal ownership of some specific resources and how one can use them.

In economics, property rights is known to be the basis for all kinds of market exchange, and the sharing of property rights in a society influences the efficiency of resource use.

Conclusively, the stronger or the increase in the set of property rights, the more increase the zeal to work, save, and invest, and this in turn leads to a more better operation of the economy system.

See options below

decrease; downward movement along

increase; upward movement along

decrease; downward shift of the

decrease; movement up along

Previous question

Learn more about Economic systems from

brainly.com/question/16022081

5 0
2 years ago
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