In the case of an inferior good, the income elasticity of demand is Options: A . &nbspPositive B . &nbspZero C . &nbspNegative D . &nbspInfinite

In the case of an inferior good, the income elasticity of demand is

Question

In the case of an inferior good, the income elasticity of demand is

Options:

A . Positive

B . Zero

C . Negative

D . Infinite

Answer: Option C

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