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    Exam 3: The Market Forces of Supply and Demand
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    An Inferior Good Is One for Which an Increase in Income
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An Inferior Good Is One for Which an Increase in Income

Question 48

Question 48

Multiple Choice

An inferior good is one for which an increase in income causes a(n)


A) decrease in supply.
B) increase in demand.
C) increase in supply.
D) decrease in demand.

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