Multiple Choice
Which of the following is not a valid relationship?
A) For a normal good: demand for a good increases when income falls.
B) For a normal good: demand for a good decreases when income falls.
C) For an inferior good: demand for a good decreases when income rises.
D) For an inferior good: demand for a good increases when income falls.
Correct Answer:

Verified
Correct Answer:
Verified
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