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    Microeconomics Principles Applications
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    Exam 4: Demand,supply,and Market Equilibrium
  5. Question
    If an Increase in Income Results in a Decrease in the Demand
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If an Increase in Income Results in a Decrease in the Demand

Question 138

Question 138

Multiple Choice

If an increase in income results in a decrease in the demand for Honda Civics,then Honda Civics are considered


A) normal goods.
B) inferior goods.
C) substitute goods.
D) complementary goods.

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