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QUESTION 4 Which of the following statements is correct? A . An increase in income will reduce the demand for a normal good. B .

QUESTION 4
Which of the following statements is correct?
A. An increase in income will reduce the demand for a normal good.
B. A decline in the price of x will increage the demand for substutute product Y.
D.A decrease in income will decrease the demand for an inferlor good.
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