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    Principles of Microeconomics Study Set 2
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    Exam 3: Supply and Demand
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    If the Demand for Steak Increases as Income Increases, This
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If the Demand for Steak Increases as Income Increases, This

Question 22

Question 22

Multiple Choice

If the demand for steak increases as income increases, this means that steak is a(n) :


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

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