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Homework answers / question archive / A normal good can be distinguished from an inferior good because a normal good has: a

A normal good can be distinguished from an inferior good because a normal good has: a

Economics

A normal good can be distinguished from an inferior good because a normal good has:

a. a negative income elasticity of demand.

b. a positive income elasticity of demand.

c. a positive cross-price elasticity of demand.

d. a positive price elasticity of demand.

Option 1

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