Question

what are inferior goods. what will happen to the demand brick houses if government imposes taxes on concreate block?​

Answer 1

Answer:

In microeconomics, the law of demand is a fundamental principle which states that, "conditional on all else being equal, as the price of a good increases, quantity demanded will decrease; conversely, as the price of a good decreases, quantity demanded will increase".

Answer 2

Answer:

inferior goods are goods which are positively proportional to demand

Explanation:

In economics, the call for for inferior goods decreases as profits will increase or the economic system improves. whilst this occurs, clients might be more willing to spend on extra costly substitutes.

So the demand for brick house will increase

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