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    Principles of Economics Study Set 8
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    Exam 21: The Theory of Consumer Choice
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    Suppose the Price of Good X Falls and the Consumption
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Suppose the Price of Good X Falls and the Consumption

Question 250

Question 250

Multiple Choice

Suppose the price of good X falls and the consumption of good X increases. From this we can infer that X is a(n)


A) (i) only
B) (i) or (ii) only
C) (iii) only
D) (ii) or (iii) only

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