Home » Economics » A commodity is described as inferior when theA commodity is described as inferior when the A commodity is described as inferior when the A. income effect is negative B. income effect is positive C. substitution effect is negative D. substitution effect is positive Correct Answer: Option A Explanation Related Posts Population density refers to? The shape of a production possibility frontier is determined by the? Which of the following is not true of the theory of optimum population? An important feature of a cartel is that? An important feature of perfect competition is that? A Nigerian household demand curve for semovita is downward sloping because
