36) __ A. rise, decreasing B. fall, decreasing C rise,increasing D. fall remaining constant 37) Inferior goods are goods A. that are inferior in quality. B. are consumed only by people with inferior taste. C. that have a negative income elasticity of demand.

Question

36) __ A. rise, decreasing B. fall, decreasing C rise,increasing D. fall remaining constant 37) Inferior goods are goods A. that are inferior in quality. B. are consumed only by people with inferior taste. C. that have a negative income elasticity of demand.

Answer 1

36. C. rise, increasing37. C. that have a negative income elasticity of demand.

Answer 2

## Step 1For question 36, we need to understand the relationship between the terms 'rise', 'fall', 'increasing', and 'emaining constant'. These terms are used to describe the trend or pattern of a certain variable. 'Rise' and 'fall' are used to describe an increase or decrease in the variable, while 'increasing' and 'emaining constant' are used to describe an increase or no change in the variable.## Step 2For question 37, we need to understand what 'inferior goods' are in economics. Inferior goods are goods that have a negative income elasticity of demand. This means that as income increases, the demand for these goods decreases. This is different from 'normal goods', which have a positive income elasticity of demand, meaning that as income increases, the demand for these goods also increases.

Soru

36) __ A. rise, decreasing B. fall, decreasing C rise,increasing D. fall remaining constant 37) Inferior goods are goods A. that are inferior in quality. B. are consumed only by people with inferior taste. C. that have a negative income elasticity of demand.

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