

MCQOPTIONS
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1. |
For an inferior good ? |
A. | The price elasticity of demand is negative: the income elasticity of demand is negative |
B. | The price elasticity of demand is positive the income elasticity of demand is negative |
C. | The price elasticity of demand is negative the income elasticity of demand is positive |
D. | The price elasticity of demand is positive the income elasticity of demand is positive |
Answer» B. The price elasticity of demand is positive the income elasticity of demand is negative | |