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Cell6 Cell6
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2 years ago
Which of the following statements correctly describes a normal good? Normal goods

▸ have negative income elasticity of demand.

▸ have positive income elasticity of demand.

▸ are sometimes also inferior goods.

▸ have negative elasticity of supply.

▸ do not have elasticity of demand.
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Microeconomics

Microeconomics


Edition: 17th
Author:
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linakhalaflinakhalaf
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