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What do we call a good with an income elasticity lessthan zero?

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter5: Elastic And Its Application

Section: Chapter Questions

Problem 6QR: What do we call a good with an income elasticity less than zero?

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What do we call a good with an income elasticity less
than zero?

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