Answer:
c. inferior good.
Explanation:
Inferior goods are items purchased buy a consumer as a result of his limited income such that when that consumer's purchasing power increases, he purchases other commodities in place of the one initially purchased.
Hence the purchase more T-bone steak and less hamburger is an indication that hamburger is an inferior good to the consumer.
Yes because u got to have tools to do a project
Answer:
If an economy grows at 7% per year, it will take 70 / 7 = 10 years for the size of that economy to double, and so on.
The best type of account for Jorge, who has $300 for work he performed and expects to spend the money in the next few weeks to buy a new bike is checking account. A checking account is useful for money that you will be spending soon, like in Jorge's case. Checking account can be accessed using checks, automated teller machines and electronic debits.
I am figuring this question out for you! one moment please
Explanation: