Multiple Choice
A low-fat decaf vanilla latte is more likely to be an inferior good than coffee in general because:
A) the demand for low fat coffees is generally low.
B) as prices go up,the demand for low-fat decaf vanilla lattes decreases.
C) it is a relatively narrowly defined category of coffee.
D) the price of coffee is negatively correlated to its price.
Correct Answer:

Verified
Correct Answer:
Verified
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