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    Microeconomics Study Set 2
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    Exam 6: Elasticity: the Responsiveness of Demand and Supply
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    If the Income Elasticity for Canned Food Is 0
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If the Income Elasticity for Canned Food Is 0

Question 178

Question 178

True/False

If the income elasticity for canned food is 0.8, then canned food is an inferior good.

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