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    Business
  3. Study Set
    Managerial Economics in a Global Economy
  4. Exam
    Exam 2: Demand, Supply, and Equilibrium Analysis
  5. Question
    A Good Is Normal If a Rise in Consumers' Income
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A Good Is Normal If a Rise in Consumers' Income

Question 7

Question 7

Multiple Choice

A good is normal if a rise in consumers' income causes


A) the quantity demanded to increase.
B) the demand to decrease.
C) the demand to increase.
D) None of the above is correct.

Correct Answer:

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