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The income elasticity of the demand for shoes is 0,6. Shoes are [1] a normal and necessary good. [2] a normal and luxury good. [3]

The income elasticity of the demand for shoes is 0,6. Shoes are

[1] a normal and necessary good.

[2] a normal and luxury good.

[3] an inferior and necessary good.

[4] a normal but inferior good.

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