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Tags
#4-3-the-investment-opportunity-set #cfa #cfa-level-1 #economics #has-images #microeconomics #reading-14-demand-and-supply-analysis-consumer-demand #section-5-consumer-equilibrium #study-session-4
Question
Suppose that bread is an inferior good for a particular consumer, whereas wine is a normal good. Exhibit 13 shows this consumer’s purchase behavior when income increases. As income rises, the consumer purchases less [...] but [...]
Answer
bread
more wine.
more wine.
Tags
#4-3-the-investment-opportunity-set #cfa #cfa-level-1 #economics #has-images #microeconomics #reading-14-demand-and-supply-analysis-consumer-demand #section-5-consumer-equilibrium #study-session-4
Question
Suppose that bread is an inferior good for a particular consumer, whereas wine is a normal good. Exhibit 13 shows this consumer’s purchase behavior when income increases. As income rises, the consumer purchases less [...] but [...]
Answer
?
Tags
#4-3-the-investment-opportunity-set #cfa #cfa-level-1 #economics #has-images #microeconomics #reading-14-demand-and-supply-analysis-consumer-demand #section-5-consumer-equilibrium #study-session-4
Question
Suppose that bread is an inferior good for a particular consumer, whereas wine is a normal good. Exhibit 13 shows this consumer’s purchase behavior when income increases. As income rises, the consumer purchases less [...] but [...]
Answer
bread
more wine.
more wine.
Summary
| status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
|---|---|---|---|---|---|---|---|
| repetition number in this series | 0 | memorised on | scheduled repetition | ||||
| scheduled repetition interval | last repetition or drill |
Details
No repetitionsDiscussion
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