MCQOPTIONS
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| 1. |
_ A necessity is defined as a good having$? |
| A. | A positive income elasticity of demand |
| B. | A negative income elasticity of demand |
| C. | An income elasticity of demand between zero and 1 |
| D. | An income elasticity of more than 1 |
| Answer» D. An income elasticity of more than 1 | |