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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    If an Increase in Income Leads to a Decrease in the Demand
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If an Increase in Income Leads to a Decrease in the Demand

Question 69

Question 69

Multiple Choice

If an increase in income leads to a decrease in the demand for popcorn, then popcorn is


A) an inferior good.
B) a neutral good.
C) a necessity.
D) a normal good.

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