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A good is said to be inferior if its demand?
Classroom
Economics Classroom
Jamb
Jamb 1997
The Theory Of Demand
Types, Nature And Determinants Of Elasticity And Their Measurement
More Topics
A good is said to be inferior if its demand?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Rises as it price rises
B
Falls as it price rises
C
Rises as it price falls
D
Is perfectly inelastic
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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