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The Relationship Between a Consumer's Monthly Income and Monthly Consumption

Question 4

Multiple Choice

The relationship between a consumer's monthly income and monthly consumption of four products, A-D, is shown below. The relationship between a consumer's monthly income and monthly consumption of four products, A-D, is shown below. Which product listed is an example of an inferior good? A) A B) B C) C D) D Which product listed is an example of an inferior good?


A) A
B) B
C) C
D) D

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