Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

The income elasticity for tin mackerel was calculated as -1.2. This means that tin mackerel is:
A. A luxury good.
B. An inferior good.
C. Inexpensive, relative to other goods.

Sagot :

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.