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When incomes in a given country were $50,000, a certain car sold 1.6 million (1,600,000) units. When incomes rose to $68,000, that same car sold
When incomes in a given country were $50,000, a certain car sold 1.6 million (1,600,000) units. When incomes rose to $68,000, that same car sold 1.4 million (1,400,000) units. If more than one option is true, you must select all of them to get points for this question:
The car just described is a(n):
A).unit elastic good
B).complement
C).substitute
D).inelastic good
E).normal good
F).luxury good
G).elastic good
H).inferior good
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