Multiple Choice
If people buy less chewing gum at every price when their incomes fall, then
A) chewing gum is a normal good.
B) the demand for chewing gum is positively sloped.
C) demand for chewing gum has increased.
D) the price of chewing gum has increased.
E) there has been a decrease in population that changed demand.
Correct Answer:
Verified
Correct Answer:
Verified
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