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jhaygood86 jhaygood86
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6 years ago
Necessity goods tend to have income elasticities of demand that are
A) greater than 1.
B) greater than zero but less than 1.
C) more than the income elasticities of demand for luxury goods.
D) negative.
E) first positive and then negative as income increases.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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