Prince is curently consuming some of good X and some of good Y. If good Y is a normal good for Prince, then an increase in his income will definitely cause him to a. increase his consumption of X 13. b. increase his consumption of Y. 14 c. decrease his consumption of X 15 d. decrease his consumption of Y

b. increase his consumption of Y.

Explanation:

A normal good is a good whose demand increases when income rises and falls when income falls.

If good Y is a normal good, Prince would increases its consumption when income rises.

I hope my answer helps you

A)Common Stock

B) Asset

C)liability

D)liability

E)Revenue

F)expenses

Explanation:

Common stock can be regarded as kind ofcorporate equity ownership, which is one of the type of security.

Asst can be regarded item or property that is been owned by a business or individual which has a value and has future benefits.

liability can be regarded as things that a business or individuals owes, this could be in terms of money.

Expense can be regarded as

type of expenditure which is been seen from the income statement, it is been subtracted from revenue