Solution-Which statement about the above goods is not true

Which statement about the above goods is not true

Assignment Help Basic Computer Science

Reference no: EM132100547

Suppose the demand curve for a product A is given by

QA= 200 - 5PA - 0.1 PB + 0.5 Pc + I

Where PA is the price of the product A, PB is the price of product B, PC is the price of the product C, I is the level of income.

Which statement about the above goods is NOT true?

a. goods A and B are complement goods.

b. good A is an inferior good

c. good A and C are substitute goods

d. We dont know if good C is a normal good or an inferior good.

Reference no: EM132100547

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Which statement about the above goods is not true

Reference no: EM132100547

Reference no: EM132100547

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