Question: Why the answer is B Suppose that average incomes increased from $30,000 to $34,000, and the quantity demanded of a product increased from 45 to

Why the answer is B

Suppose that average incomes increased from $30,000 to $34,000, and the quantity demanded of a product increased from 45 to 55. What type of product must this be? A) Superior product. - O B) Inferior product. O C) Luxury product. O D) Substitute product. x O E) Necessity. 5 / 5 points Question 12

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