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    Micro Economics 1
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    Exam 1: Consumer Theory and Utility
  5. Question
    When Individuals Income Falls (Everything Remain the Same) His Demand
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When Individuals Income Falls (Everything Remain the Same) His Demand

Question 13

Question 13

Multiple Choice

When individuals income falls (everything remain the same) his demand for an inferior good


A) rises
B) falls
C) remains the same
D) we cannot say without additional information

Correct Answer:

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