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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 5: Elasticity and Its Application
  5. Question
    If the Income Elasticity of Demand for a Good Is
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If the Income Elasticity of Demand for a Good Is

Question 11

Question 11

True/False

If the income elasticity of demand for a good is negative, then the good must be an inferior good.

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