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Which of the following statement is TRUE? a ) Bottled water is an inferior Bood at income levels higher than those associated with bundle D
Which of the following statement is TRUE?
a Bottled water is an inferior Bood at income levels higher than those associated with bundle
b Both bus ride and bottle water are normal goods up to the income level corresponding to bundle
c Both bus ride and bottle water are inferior good at income levels greater than those associated with bundle
d Bus ride is an inferior good at income levels greater than those associated
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