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    Managerial Economics Study Set 1
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    Exam 7: Understanding Markets and Industry Changes
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    ​You Lose Your Job and as a Result Your Demand
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​You Lose Your Job and as a Result Your Demand

Question 69

Question 69

Multiple Choice

​You lose your job and as a result your demand for steak falls.This implies that you consider steaks to be a


A) ​Complementary good
B) Normal good
C) Inferior good
D) ​Substitute good

Correct Answer:

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