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With regard to utility maximization, which of these statements is FALSE? All products must be inferior goods. Goods can be normal or inferior. Goods may
With regard to utility maximization, which of these statements is FALSE? All products must be inferior goods. Goods can be normal or inferior. Goods may or may not have substitutes. Income elasticities can be greater than or less than 1
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International Economics
Authors: James Gerber
6th edition
978-0132950145, 132950146, 132948915, 978-0132948913
