Suppose that the supply of aged cheddar cheese is inelastic, and the supply of
bread is elastic. Both goods are considered to be normal goods by a majority of
consumers. Suppose that a large income tax increase decreases the demand for both
goods by 10%.
The price elasticity of supply for aged cheddar cheese could be
a) 0
b) 0.5
c) 1.5
d) -1
答案为什么是b啊??
所以不用考虑normal good这个条件么?
追答“a large income tax increase decreases the demand for both goods by 10%”也能说明它是正常品了。