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    5. Income elasticity for normal goods is:

    Question

    Income elasticity for normal goods

    is:
    A Zero Correct Answer Incorrect Answer
    B Positive Correct Answer Incorrect Answer
    C Negative Correct Answer Incorrect Answer
    D Infinite Correct Answer Incorrect Answer

    Solution

    Income elasticity for normal goods is positive

    Practice Next
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    Relevant for Exams:

    • MSc Agriculture (Various States)
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