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    Managerial Economics and Strategy Study Set 2
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    Exam 3: Empirical Methods for Demand Analysis
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    Premium Beer Is Likely Considered
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Premium Beer Is Likely Considered

Question 20

Question 20

Multiple Choice

Premium beer is likely considered


A) a normal good.
B) an inferior good.
C) to have inelastic demand.
D) to have perfectly elastic demand.

Correct Answer:

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