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If an Increase in Income Leads to in an Increase

Question 21

Multiple Choice
If an increase in income leads to in an increase in the demand for peanut butter, then peanut butter is A)a neutral good. B)a normal good. C)a necessity. D)a complement.

If an increase in income leads to in an increase in the demand for peanut butter, then peanut butter is


A) a neutral good.
B) a normal good.
C) a necessity.
D) a complement.

Correct Answer:

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