If an Increase in Income Leads to a Decrease in the Demand

question 193

Multiple Choice

If an increase in income leads to a decrease in the demand for a good, then the good is said to be:

• A) normal.
• B) a luxury.
• C) inferior.
• D) a staple.

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A mode of operation in software applications that restricts access or functionality to a single user or process at a time.

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