Business, 24.02.2020 22:20 Chanz2104

The income effect of a decrease in the price of potatoes, an inferior good, is a(n):

a. decrease in the demand for onions. increase in the quantity demanded of potatoes.
b. increase in the quantity demanded of onions.
c. decrease in the quantity demanded of potatoes.
d. increase in the demand for potatoes.

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The income effect of a decrease in the price of potatoes, an inferior good, is a(n):

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