question archive If income increases by 10 percent and the quantity demanded of a good then increases by 5 percent, the good is  inferior and income-elastic

If income increases by 10 percent and the quantity demanded of a good then increases by 5 percent, the good is  inferior and income-elastic

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If income increases by 10 percent and the quantity demanded of a good then increases by 5 percent, the good is

 inferior and income-elastic.

 normal and income-elastic,

 inferior and income inelastic

 normal and income inelastic

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