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Which of the Following Is Found to Be a Factor

question 20

Multiple Choice

Which of the following is found to be a factor in TTP?


Definitions:

Income

Funds that an individual or business receives, usually in exchange for providing a good or service or through investing capital.

Price

The financial commitment expected, necessary, or made as payment for an article.

Miles

A unit of distance measuring 5280 feet or approximately 1.609 kilometers.

Inferior Good

A type of good whose demand decreases as the income of consumers increases, opposite to normal goods.

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