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Suppose There Are Only Two Goods,A and B,and That Consumer

Question 62

Multiple Choice

Suppose there are only two goods,A and B,and that consumer income is constant.If the price of good A falls and the consumption of good B rises,we can conclude that


A) A is a normal good.
B) B is a normal good.
C) A is an inferior good.
D) B is an inferior good.
E) both A and B are normal goods.

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