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For a Normal Good,quantity Demanded

Question 117

Multiple Choice

For a normal good,quantity demanded


A) increases as income rises,so the income elasticity of demand is positive
B) increases as income rises,so the income elasticity of demand is negative
C) falls as income rises,so the income elasticity of demand is positive
D) falls as income rises,so the income elasticity of demand is negative
E) remains unchanged as income rises,so the income elasticity of demand is zero

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