MCQOPTIONS
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MCQOPTIONS
| 1. |
For an inferior good ? |
| A. | The price elasticity of demand is negative: the income elasticity of demand is negative |
| B. | The price elasticity of demand is positive the income elasticity of demand is negative |
| C. | The price elasticity of demand is negative the income elasticity of demand is positive |
| D. | The price elasticity of demand is positive the income elasticity of demand is positive |
| Answer» B. The price elasticity of demand is positive the income elasticity of demand is negative | |