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    Exam 20: Elasticity
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    When Income Falls,the Demand for an Inferior Goods
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When Income Falls,the Demand for an Inferior Goods

Question 83

Question 83

Multiple Choice

When income falls,the demand for an inferior goods


A) Increases.
B) Decreases.
C) Has a smaller change than the income change.
D) Stays the same.

Correct Answer:

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