Economics MCQs (BBA Business Administration) From Textbook

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Economics Exam Prep: Certification Test 369

Economies of Scale and International Trade Learning App & e-Book: MCQ 369

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MCQ: 369

The type of good that experiences an increase in quantity demanded as the real income of an individual or economy rises is known as

  1. inferior good
  2. luxurious good
  3. bad good
  4. normal good

Economies of Scale & International Trade Exam Prep: Economics App & eBook Notes

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