Multiple Choice
If a turnip is an inferior good,then,ceteris paribus,an increase in the price of a turnip will
A) decrease the demand for turnips.
B) increase the demand for turnips.
C) decrease the quantity of turnips supplied.
D) increase the supply of turnips.
E) decrease the quantity of turnips demanded.
Correct Answer:
Verified
Correct Answer:
Verified
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