Question: 1. Use the information in the table below to identify the income elasticity type of (normal or inferior) each of the following products, A to

1. Use the information in the table below to identify the income elasticity type of (normal or inferior) each of the following products, A to E. Product Percent change in income Percent change in quantity demanded Income elasticity type A 11 12 __________ B 6 6 __________ C 3 3 __________ D 6 3 __________ E 4 1 __________

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