Refer to the information provided in Figure 3.3 below to answer the question(s) that follow.
Figure 3.3
-Refer to Figure 3.3. As your income decreased, the demand for X shifted from D1 to D2. Good X is
A) an inferior good.
B) a normal good.
C) a luxury good.
D) an income-neutral good.
Correct Answer:
Verified
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