Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

A firm calculated that the income elasticity of demand for its signature product was equal to (+)0.87. Based on this information, we can say that the firm's product is:
a. A substitute good
b. A complementary good
c. An inferior good
d. A normal good

Sagot :