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If less of a good is bought as one's income increases, such a good is ____________

If less of a good is bought as one's income increases, such a good is ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A normal good
  • B A luxury
  • C A necessity
  • D An inferior good
Correct Answer: Option D
Explanation:
An inferior good is one whose demand drops when people's incomes rise.

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