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The demand curve for neccessity is usually

The demand curve for neccessity is usually
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Vertical
  • B Backward bending
  • C Horizontal
  • D Negatively sloped
Correct Answer: Option A
Explanation:
Necessity goods are products and services that consumers will buy regardless of the changes in their income levels, therefore making these products less sensitive to income change.

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