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    Principles of Micro Economics
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    Exam 5: Demand Analysis and Utility Theory in Economics
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    In the Case of Normal Goods, the Quantity Demanded Varies
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In the Case of Normal Goods, the Quantity Demanded Varies

Question 21

Question 21

Multiple Choice

In the case of normal goods, the quantity demanded varies inversely with:


A) Price of good
B) Income of the consumer
C) Fashion of the good
D) Savings

Correct Answer:

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