Question: 1 8 Multiple Choice 2 . 5 points If a good has an income elasticity value of 1 . 1 5 , then what category

18 Multiple Choice 2.5 points
If a good has an income elasticity value of 1.15, then what category can the good be classified as?
Normal and Necessary Good
Inferior Good
Normal Good
Normal and Luxury Good
1 8 Multiple Choice 2 . 5 points If a good has an

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