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If a Particular Good or Service Is an Inferior and an Increase

Question 28

Multiple Choice

If a particular good or service is an inferior and an increase in consumer income occurs,ceteris paribus,which of the following statements is FALSE?


A) At a given price,less will be spent on the good.
B) There will be a decrease in demand for the good.
C) The demand curve for the good will shift toward the origin.
D) There will be an increase in demand for the good.

Correct Answer:

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