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

Question 10

Question 10

Multiple Choice

If a decrease in income leads to an increase in the demand for sardines, then sardines are


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

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