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    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 3: B: Demand, Supply, and Market Equilibrium
  5. Question
    For Some Commodities, Purchases Tend to Decrease as the Buyer's
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For Some Commodities, Purchases Tend to Decrease as the Buyer's

Question 2

Question 2

Multiple Choice

For some commodities, purchases tend to decrease as the buyer's income increases.Such commodities are known as:


A) common goods.
B) inferior goods.
C) inverse goods.
D) normal goods.

Correct Answer:

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