The demand for an inferior good is . ( LO1 , 2 ) a) positively related to

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The demand for an inferior good is . ( LO1 , 2 )

a) positively related to its own price

b) negatively related to income

c) unaffected by consumer tastes and preferences

d) insensitive to changes in prices of its complements

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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