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    Microeconomics Principles for a Changing World
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    Exam 5: Elasticity
  5. Question
    A Good with an Income Elasticity That Is Negative Is
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A Good with an Income Elasticity That Is Negative Is

Question 122

Question 122

Multiple Choice

A good with an income elasticity that is negative is a(n) _____ good.


A) inferior
B) superior
C) normal
D) luxury

Correct Answer:

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