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Mairoon Mairoon
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Posts: 850
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6 years ago
If a good has an income elasticity of demand greater than 1, one might classify that good as
A) a necessity.
B) a luxury.
C) unusual.
D) inelastic.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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6 years ago
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Mairoon Author
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Smart ... Thanks!
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