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    Development Economics Theory Empirical Research
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    Exam 6: Consumption, Time Allocation and Production Choices
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    A Reduction in the Price of Good a Reduces the Consumption
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A Reduction in the Price of Good a Reduces the Consumption

Question 10

Question 10

Multiple Choice

A reduction in the price of good A reduces the consumption of good B,then ________.


A) A and B are substitutes.
B) A and B are complements.
C) A is a normal good.
D) A is an inferior good.

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