question archive If the demand for a product increases proportionately faster than the increase in consumers’ incomes, then the product is: A normal and necessity
If the demand for a product increases proportionately faster than the increase in consumers’ incomes, then the product is: A normal and necessity
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If the demand for a product increases proportionately faster than the increase in consumers’ incomes, then the product is:
A
normal and necessity.
B
inferior and necessity.
C
normal and luxury.
D
inferior.
Option 1
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