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If Jack Bought 18 CDs Last Year When His Income

Question 13

Multiple Choice

If Jack bought 18 CDs last year when his income was $20,000 and he buys 19 CDs this year when his income is $25,000, then for Jack CDs are

A) an inferior good.
B) a normal good.
C) a substitute good.
D) a complementary good.
E) There is not enough information to answer this question.

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