Multiple Choice
Mario buys eight units of good X when his income is $2,000 a month. When his income increases to $2,700 per month, he buys only six units of good X. For Mario, good X is:
A) a normal good.
B) an expensive good.
C) an inferior good.
D) a useless good.
Correct Answer:
Verified
Correct Answer:
Verified
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