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    Economics Today
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    An Inferior Good Is One for Which
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An Inferior Good Is One for Which

Question 3

Question 3

Multiple Choice

An inferior good is one for which


A) the demand curve is vertical.
B) demand decreases as income increases.
C) the demand curve slope is positive.
D) demand increases as income increases.

Correct Answer:

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