If the income of a consumer rises and his demand for good X falls, good...

Economics

JAMB 1981

If the income of a consumer rises and his demand for good X falls, good X can be described as

A. a normal good
B. an adnoral good
C. a good with inelastic demand
D. a good with unitary elastic demand
E. none of the above

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Correct Answer: Option E

Explanation

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If the income of a consumer rises and his demand for good X falls, good...

Correct Answer: Option E

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