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If the Percentage Change in the Quantity Demanded of a Good

Question 112

Multiple Choice

If the percentage change in the quantity demanded of a good is greater than the percentage change in income and in the same direction,then this good will have an income elasticity _____1,and it is a(n) _____ good.


A) greater than;normal
B) less than;normal
C) equal to;normal
D) greater than;inferior

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