1. Suppose you get a raise at work because of your excellent performance. The demand for Grad...
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1. Suppose you get a raise at work because of your excellent performance. The demand for Grad Nite tickets would:
a. increase if Grad Nite tickets were a normal good.
b. increase if Grad Nite tickets were an inferior good.
c. decrease if Grad Nite tickets were a normal good.
d. decrease if the price increased.
e. increase because your tastes and preferences changed.
2.
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