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    Microeconomics Principles for a Changing World
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    Exam 5: Elasticity
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    An Inferior Good Is a Good That
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An Inferior Good Is a Good That

Question 404

Question 404

Multiple Choice

An inferior good is a good that


A) is demanded by the average customer.
B) is reliable.
C) lasts a good length of time.
D) has an income elasticity that is negative.

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