Income elasticity is_____ for normal goods. - ProProfs Discuss
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Income elasticity is_____ for normal goods.



A. Positive
B. Greater than 1
C. Negative
D. Equal to 1.

This question is part of Microeconomics Exam #1
Asked by Wlkg, Last updated: Aug 16, 2018

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1 Answer

wlkg

Wlkg

Answered on Aug 17, 2018

Positive
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