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What is a normal good a)bit is a good whose quality demanded will rise as income rises b) it is a good which has manny
What is a normal good a)bit is a good whose quality demanded will rise as income rises b) it is a good which has manny substitutes c) it is a good whose income elasticity of demand is < 1 d) it is a good whose income elasticity is > 1
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
1st edition
978-0137036059, 133379094, 321566440, 137036051, 9780133379099, 978-0321566447
