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The in the News Article "Recession Eats into Gator Market

Question 66

Multiple Choice

The In The News article "Recession Eats into Gator Market" states that


A) The demand for alligator skins was inelastic.
B) The quantity demanded for alligator skins fell when income dropped, indicating that the skins were an inferior good.
C) The demand for alligator skins fell when income dropped, indicating that the skins were a normal good.
D) The demand fell for alligator skins because the price was too high.

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