Question: 21. (2017 - Paper 1 ALevel - 02c) Estimates for the demand for black tea in the UK suggest that it is an inferior good.


21. (2017 - Paper 1 ALevel - 02c) Estimates for the demand for black tea in the UK suggest that it is an inferior good. This implies it has a negative: (1 mark) A cross elasticity of demand B income elasticity of demand C price elasticity of demand D price elasticity of supply
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