If the Income Elasticity of Demand for Good X Is

question 110

Multiple Choice

If the income elasticity of demand for good X is greater than 1, then:

• A) X is a normal but not superior good.
• B) the answer can not be determined form the above information.
• C) X is an inferior good.
• D) X is a normal and also superior good.
• E) X is a substitute good.

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