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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
The income elasticity of demand is
A) positive for a normal good.
B) zero for an inferior good.
C) less than one for an income elastic normal good.
D) Only answers A and B are correct.
E) Answers A, B, and C are correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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Loraine Author
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9 years ago
Thank you, thank you, thank you!
ethom947
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Just got PERFECT on my quiz
jaray75
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2 hours ago
This helped my grade so much Perfect
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