Multiple Choice
Good A is a normal good if
A) a rise in the price of a complement causes the demand for A to decrease.
B) income and the demand for A are negatively related.
C) a rise in the price of a substitute causes the demand for A to increase.
D) the demand for A increases when income rises.
E) good A satisfies the law of demand.
Correct Answer:
Verified
Correct Answer:
Verified
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