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(Solved): If your income goes up by 2% and, in response, the quantity demanded of good X rises by 3%, good X ...



If your income goes up by 2% and, in response, the quantity demanded of good X rises by 3%, good X can be considered If your income goes up by 2% and, in response, the quantity demanded of good X rises by 3%, good X can be considered an inferior good. a normal good. a public good. a private good.



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