By definition, an inferior good is a - Practice (English) | ObjectiveMcq

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By definition, an inferior good is a - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementDemand And SupplyBy definition, an inferior good is ...

Demand And Supply Business ManagementEasy

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By definition, an inferior good is a

Correct Answer:

(A) good for which demand decreases when income increases.

Explanation:

good for which demand decreases when income increases.

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