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For an inferior good, a decreased in real income will lead to?
Question 1
Report
For an inferior good, a decreased in real income will lead to?
a lower equilibrium price
a change in quantity demanded
an outward shift of the demand curve
an inward shift of the demand curve
Answer Details
Read lesson note on Theory Of Price Determination (WAEC)
Read lesson note on Theory Of Production (WAEC)
Read lesson note on The Theory Of Demand (JAMB)
Theory Of Price Determination
Theory Of Production
The Theory Of Demand
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