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    Exam 3: Market Demand and Supply
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    If the Demand for a Good Decreases Because Consumer Income
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If the Demand for a Good Decreases Because Consumer Income

Question 28

Question 28

Multiple Choice

If the demand for a good decreases because consumer income increases, the good is a(n) :


A) inferior good.
B) normal good.
C) necessity good.
D) luxury good.

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