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If the Income Elasticity of Demand for Good a Was

Question 260

Multiple Choice

If the income elasticity of demand for good A was 3.9 and the income elasticity of demand for B was 0.2:


A) ​Both good A and good B are normal.
B) ​Both good A and good B are inferior.
C) ​Good A is normal and good B is inferior.
D) ​Good A is inferior and good B is normal.

Correct Answer:

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