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sgy_89 sgy_89
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6 years ago
Consider the market for mobile homes. If personal incomes in the United States rise, we would expect to see
A) a decline in mobile home prices if mobile homes are a normal good.
B) an increase in the demand for mobile homes if mobile homes are an inferior good.
C) a decrease in mobile home prices if mobile homes are an inferior good.
D) a decrease in the demand for mobile homes if mobile homes are a normal good.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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