Question:

Engel curves always slope upward. True or False?

by  |  earlier

0 LIKES UnLike

Engel curves always slope upward. True or False?

 Tags:

   Report

2 ANSWERS


  1. False.  For inferior goods, they slope back, because quantity demanded decreases as income increases.


  2. False

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.