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A good is inferior for a consumer if Question 2 options: a) some minimal level of the good must be consumed to assure the consumer's
A good is inferior for a consumer if
Question 2 options:
a)
some minimal level of the good must be consumed to assure the consumer's survival.
b)
its consumption rises when income rises.
c)
its consumption falls when income rises.
d)
it is never included in his or her consumption bundle.
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