If a Good Is a Luxury the Income Elasticity of Demand

question 92

Multiple Choice

If a good is a luxury the income elasticity of demand must be

• A)Positive and greater than 1
• B)Merely positive (not necessarily greater than 1)
• C)Zero
• D)Negative

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Anorexia

An eating disorder characterized by an abnormally low body weight, intense fear of gaining weight, and a distorted perception of body weight or shape.

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