A few days ago
Anonymous

if incomes increase, then the _____ in the market for luxury cars as normal goods _____.?

supply; decreases

supply; increases

demand; increases

demand; decreases

both supply and demand; increase

Top 6 Answers
A few days ago
Asked and Answered

Favorite Answer

Supply & Demand questions… love them.

If you have more money you buy more expensive items. If people buy more of a better quality something, what happens to S&D?

(Think also about the recent real estate boom – the prices of houses skyrocketed and people bough them.)

It’d be too easy just to give you the answer.

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A few days ago
me_myself_&_eye
demand increases
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A few days ago
Kraig P
demand, increases
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A few days ago
Anonymous
demand; increases
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4 years ago
?
pal to tell you the actuality you mustn’t get any of those on your record. the skill, luxurious and the money you would be buying them would not upload up. i might look at the hot Lexus IS F. It has badass skill and function and convenience as those on your record, yet greater fee-effective interior the long-term! besides the shown fact that, i might wait and purchase a used one. Pricing around fifty six,000 off the floor. If I had to %!? BMW 7 huge physique!
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A few days ago
Anonymous
Demand ; Increases.

That would be my answer. People would want better things if they had more income.

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