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An inferior good is one whose: An inferior good is one whose: Select one: O a. price increases as income increases. O b. demand increases

An inferior good is one whose:

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An inferior good is one whose: Select one: O a. price increases as income increases. O b. demand increases as income increases. O c. price decreases as income increases, ceteris paribus. O d. demand decreases as income increases, ceteris paribus

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