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    Exam 4: Demand, Supply, and Market Equilibrium
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    If an Increase in Income Results in a Decrease in the Demand
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If an Increase in Income Results in a Decrease in the Demand

Question 27

Question 27

Multiple Choice

If an increase in income results in a decrease in the demand for Honda Civics, then Honda Civics are considered:


A) substitute goods.
B) inferior goods.
C) normal goods.
D) complementary goods.

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