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The Figure Given Below Shows the Demand Curves for Five

Question 71

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The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1    -An inferior good or service is any good or service for which: A) an increase in price causes an increase in the quantity demanded. B) a decrease in price causes an increase in demand. C) an increase in price causes a decrease in the quantity demanded. D) an increase in the amount consumed causes a decrease in marginal utility. E) an increase in income causes a decrease in demand.
-An inferior good or service is any good or service for which:


A) an increase in price causes an increase in the quantity demanded.
B) a decrease in price causes an increase in demand.
C) an increase in price causes a decrease in the quantity demanded.
D) an increase in the amount consumed causes a decrease in marginal utility.
E) an increase in income causes a decrease in demand.

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