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For Susie,a 7 Percent Increase in Income Results in a 12

Question 127

Multiple Choice

For Susie,a 7 percent increase in income results in a 12 percent increase in the quantity demanded of pizza.For Susie,the income elasticity of demand for pizza is


A) negative,and pizza is an normal good.
B) negative,and pizza is a inferior good.
C) positive,and pizza is an inferior good.
D) positive,and pizza is a normal good.

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