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    Microeconomics Study Set 45
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    Exam 6: Elasticity
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    For Which Product Is the Income Elasticity of Demand Most
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For Which Product Is the Income Elasticity of Demand Most

Question 79

Question 79

Multiple Choice

For which product is the income elasticity of demand most likely to be negative?


A) computer software
B) used clothing
C) apps for iPhones
D) bread

Correct Answer:

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