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Phydeaux Phydeaux
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6 years ago
All normal goods have a(n)
A) income elasticity of demand greater than 1.
B) income elasticity of demand between zero and 1.
C) negative price elasticity of demand.
D) positive income elasticity of demand.
E) negative cross elasticity of demand.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
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