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    Question

    An inferior good is one for which an increase in income

    causes a(n)
    A Decrease in supply. Correct Answer Incorrect Answer
    B Increase in demand. Correct Answer Incorrect Answer
    C Increase in supply. Correct Answer Incorrect Answer
    D Decrease in demand Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    In case of inferior goods, income and demand is inversely related

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