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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 35
The demand for an inferior good is ___________
A) positively related to its own price
B) negatively related to income
C) unaffected by consumer tastes and preferences
D) insensitive to changes in prices of its complements
A) positively related to its own price
B) negatively related to income
C) unaffected by consumer tastes and preferences
D) insensitive to changes in prices of its complements
Explanation
Verified
Verified
No demand for any good is positively rel...
Microeconomics 9th Edition by Stephen Slavin
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