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The income elasticity of Abigail’s demand for CDs is 0,75. For Abigail Cds are a normal good or an inferior good? Explain your answer.

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter5: Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 3QFR

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