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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    An Inferior Good Has a ________ Elasticity of Demand
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An Inferior Good Has a ________ Elasticity of Demand

Question 296

Question 296

Multiple Choice

An inferior good has a ________ elasticity of demand.


A) positive income
B) negative income
C) negative cross
D) positive cross
E) negative price

Correct Answer:

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