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    Microeconomics Study Set 4
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    Exam 5: Elasticity: Demand and Supply
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    Goods Whose Income Elasticity of Demand Is Greater Than Zero
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Goods Whose Income Elasticity of Demand Is Greater Than Zero

Question 52

Question 52

Multiple Choice

Goods whose income elasticity of demand is greater than zero are _____.


A) inferior goods
B) normal goods
C) luxury goods
D) superior goods
E) public goods

Correct Answer:

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