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    Exam 7: Understanding Markets and Industry Changes
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    ​An Increase in Income Causes the Demand of Normal Goods
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​An Increase in Income Causes the Demand of Normal Goods

Question 9

Question 9

Multiple Choice

​An increase in income causes the demand of normal goods to _________ and the price of normal goods to


A) ​Increase;increase
B) Increase;decrease
C) Decrease;increase
D) ​Decrease,decrease

Correct Answer:

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